RE:11.5 Cents ....Hello Wallywagon,
The downward trend started on the 21st of July, we had two months to lower exposure. Trading is not just about profit, it's also about minimising losses. You're getting way too emotionally attached to this play. Emotions will cost you a lot of capital if you are not careful. It is looking very likely that a correction is coming soon so it is very possible for prices to go lower in general.
Can I suggest you start balancing your portfolio so that you do not end up being at the mercy of one team. Many people do not believe in "portfolio theory", however its principles are sound and you should at least be aware of them.
Risk appetite is currently very low and I re-iterate, anyone with the cash for developing this project is going to demand very unfavourable terms so waiting the current situation out is a viable strategy.
Fundamentally, there is nothing wrong with BKI, however, the current economic environment makes it very difficult to progress a project like this, this is not something management can do anything about. As shareholders, we can only wait and manage our risk.
GLTA!