re: broker
Yesterday's announcement signals that BNT are heading in the right direction and it certainly won't hurt the SP but I don't think it's enough to set the market alight.
If all is going according to plan they should be confirming their return to the Lithgow region in the next month or two and in April continuous haulage is scheduled to commence at Aquila.
Whilst I have a small position in BNT and would love to see it start heading in a northly direction any time soon I think the market will be looking for BNT to put a few more points on the scorecard because their credibility to date has been a bit shy of the mark.
If they continue to produce strongly over the next couple of months and hit the Aquila and Lithgow milestones then it could be 'game on'.
Cheers Boomer
BNT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
