RE:Webinar ResumeGood summary of the timeline Matt gave in the presentation but BKI have always missed timelines. In the May presentation Matt said binding with Cargill was three months or so - now it is looking like 6 months. It is progressing and frankly it is what it is but I no longer rely on timelines.
Matt is a cautious CEO and delays are inevitable in such a big deal with so many parties in a difficult political area. I trust Matt and would rather wait six months longer as opposed to management rushing and getting the wrong deal or not covering all bases.
I have said before this is not an investment without risk but if you don't have patience and an understanding of how business works particularly in a county like the Ukraine then this is not the stock for you.
The share price has gone up 300% in 12 months despite nothing binding so good money has been made. Investors have a few more months for the believers to add or the pessimists and moaners to sell and get out.