March 2021 Status Report

by | Mar 23, 2021

March 2021 Progress ReportDownload Dear Shareholder I am conscious it has been some time since our last progress report but as previously highlighted, we have been very much involved in pursuing the recovery of our Asian salvage client’s assets to mutual benefit and...

November 2020 Status Report

by | Nov 9, 2020

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

by | Nov 4, 2020

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

by | Aug 18, 2020

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...