Well, building a coal mine is a huge capex project, and very few juniors are capable.
I think that having Bhushan as a partner is valuable for that reason, even if they do get a cheap JV or two.
If these deposits pan out well, and the market still doesn't like BWN, then Bhushan will probably just do a T/O.
One thing about Australian resources: they are constantly undervalued by instos/retail until a foreign entity is interested.
Then everyone gets all indignant that we are selling our cows.
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58.0¢ |
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Mkt cap ! $159.6M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
1 | 24306 | 58.0¢ |
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Price($) | Vol. | No. |
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60.0¢ | 6900 | 1 |
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No. | Vol. | Price($) |
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1 | 24306 | 0.580 |
1 | 807 | 0.570 |
1 | 3000 | 0.555 |
2 | 8300 | 0.550 |
1 | 5850 | 0.510 |
Price($) | Vol. | No. |
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0.600 | 6900 | 1 |
0.610 | 5000 | 1 |
0.620 | 21693 | 1 |
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