from the west australian this morning, i will quote a few bits and pieces - the full story at
http://www.thewest.com.au/20030707/business/tw-business-home-sto104044.html
THE administrator of the troubled Bulong nickel operation will push at a creditors meeting today for the project to be liquidated in a move that could cause Barclays Bank to lose a big slice of the several hundred million dollars it is owed
Before the administration, directors had been working on a new plan to source acid partly from WMC, Anaconda Nickel's Murrin Murrin project and imports. But this would add between $7 million and $15 million to Bulong's annual cost base and, because of the cost, is only considered a short-term solution.
without really knowing too much, but i do seem to recall, that rsg fell in price, when the trouble at bulong became apparant. it may have been something to do with rsg being a guarantor to some acid supply agreement. maybe , and only maybe, the reason why rsg are firming, is because if bulong goes into liquidation, then that solves the acid supply agreement - just a guess on my part. i am sure that rsg, are glad that they oflaoded the bulong operations to preston a few years ago
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Last
66.5¢ |
Change
0.005(0.76%) |
Mkt cap ! $1.415B |
Open | High | Low | Value | Volume |
68.5¢ | 69.0¢ | 66.5¢ | $10.76M | 15.87M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 99764 | 66.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
67.0¢ | 41453 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 70173 | 0.665 |
6 | 199403 | 0.660 |
6 | 260035 | 0.655 |
9 | 247850 | 0.650 |
3 | 58104 | 0.645 |
Price($) | Vol. | No. |
---|---|---|
0.670 | 41453 | 2 |
0.675 | 234874 | 7 |
0.680 | 361297 | 9 |
0.685 | 481318 | 9 |
0.690 | 582418 | 22 |
Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
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