BRL 3.36% 72.0¢ bathurst resources limited.

Present position., page-26

  1. 93 Posts.
    lightbulb Created with Sketch. 6
    question? at the current share price of 5.5c, a good investment despite fine?.

    -with the fine, can they just borrow against it? and pay it and use their joint ventures as security?
    -the market cap currently is only like 2 p/e ratio. thats pretty good
    -what is the future prospects of revenue and earnings? despite coa prices
    -Do they have much coal reserves left?
    -i am thinking, at a 5c entry point, if they pay the fine by borrowing money, it will just worse an already strong balance sheet? how much is the fine? -and when do they have to pay for it?

    thanks
 
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