BND 0.00% 8.4¢ bandanna energy limited

Nothing is safe, page-22

  1. 6,072 Posts.
    http://www.abc.net.au/news/2014-09-22/bandanna-energy-goes-into-voluntary-administration/5761202

    "The whole environment for coal mining and particularly for any new mines especially the more expensive variety such as a long wall underground mine like this one, the market wouldn't be strong and whether anyone would be interested in buying applications like that, that are at a pretty volatile stage where the are objections to them are in the land court and there are some expensive obligations that would come with acquiring the leases.
 
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