re: chompers
Would like to have been holding that many but getting there slowly. I always like to place bet bigs on my calls, that way seriuosly right or wrong. Big bets also means I have to be sure of my research. Only danger would be that last quarter was a once off occurence due to lots of receipts in the quarter or large payment related to Beaconsfield disaster, but seriously doubt this this was the reason for such a large increase. Margins on staff costs show huge improvement also. Increasing coal contracts would be great so long term. Next 12 months company will have decide whether dividends or spend on expansion i.e. buy out more rigging businesses,because could be additional $20 million on top of current balance. Regards Buffett
BDL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
