BTU 0.00% 15.0¢ bathurst resources limited

nz labour machine if not individual ....., page-15

  1. 1,957 Posts.
    Viney. Obvious downward pressure on SP continues at the moment. I took a loss at .81 cents which is the only thing I've done right with this one so far, but still watching for any positive change to the issues to reenter. I see support and a possible rally at 55 cents myself unless some major issues are resolved in the meantime. What's your view on what the end result will be? A negotiated outcome that sees the development move forward or something else. Any views on possible timeframes? I'm not asking that you predict the future but I gather you are very familiar with this stock and the issues at hand and I am interested in your opinion. Once enough pressure is applied something has to give. All my non expert opinion only.
 
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