BRL 3.31% 78.0¢ bathurst resources limited.

Ann: Company Update, page-192

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  1. 70 Posts.
    lightbulb Created with Sketch. 11
    I think that management have done an exceptional job in this whole deal
    Bathurst would have been around a 20 mil company bidding for 46 mil assets
    They have protected company assets and interests for a long time now
    Interesting to me is how they made 8 mil in transition yet still have huge stockpile at Littleton (like money in bank) and no ships loaded or left all last month ( I read on this thread)
    Important not to burn people you might need later on
    This SP will go where it will on earnings now
    Luck with economic conditions and coal price will only help speed it up
    This is going to be the ride we talk about for along time
 
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