BND 0.00% 8.4¢ bandanna energy limited

Ann: Appointment of receivers and managers, page-8

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  1. 1,054 Posts.
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    On one hand it looks like a long drawn out process will follow unless a buyer is found.

    In some ways though it also appears to be kicking the can down the road and force out a new structure that will target coal production in 2 to 3 years time based on a view of coal prices in 2017 onwards. Is this just a way to force out a potential buyer (unlikely IMO) or moth ball the projects for a period?
 
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