November 2020 Status Report

Dear Shareholder, BGL is intent on returning to the Atlantic salvage target as early as possible in 2021 and to that end is currently seeking new investment of circa £5m. A number of constructive discussions are ongoing, the view shared by new investors being that the...

See what our Shareholders are doing

T&T Marine Salvage, one of our shareholders, led by Mauricio Garrido, our Non-Executive Director, is currently very much involved with a major wreck removal project in Georgia, the GOLDEN RAY. The company is the prime contractor and has subcontracted all...

August 2020 Status Report

Dear Shareholder You will note that I use the term Status Report as against the more usual Progress Report but in the current circumstances this seems more appropriate. As with many companies the recent and in part continuing lockdown continues to make our operational...

23rd June 2020 update

Dear Shareholders, Red tape, or what poses as red tape, continues to  frustrate our attempts to fly our client’s mineral assets from Africa to the appointed location for refining, disposal and then utilisation. We will continue to try and resolve this issue. Happily,...