below 10c?, page-2

Unfortunately a perfect storm for BND PGM

While they have some "maintenance" $$ in the bank it is stuck with a product that theres a glut of atm, they will need their approval signed off and then they need to find someone to tip in a couple of 100M to get this to production and port and all the while getting bottom $ for it.
IMO they will get approval but it may well take coal to get back to equitable levels before they find a partner to fund and thats 2015-16 I guess. Dont get me wrong as you know Ive been on BND since the $2 days but I like them am getting jaded with the constant beating they/we are getting.
I'll ride it out...as uncomfortable as it is! cause I believe in the story and coal as the most economic power generator for at least the next 20-30+ years. Bottom line is that this year is the best time to be a buyer of coal and not a holder and obviously never a seller