BTU 0.00% 15.0¢ bathurst resources limited

one for the masochists who follow btu, page-3

  1. 2,919 Posts.
    lightbulb Created with Sketch. 51
    All very balanced legal speak.

    Didnt make me feel more or less positive

    But left me with the inpression that there was a lot more benefit in the purchase of eastern and brookdale than pushed so far.

    For instance in these hearings one of the items we want approval on is the Fairdown Stockpiling facility. This facility is only 1/3 the size of the Fairdown stockpiling facility that is already permitted as part of the brookdale purchase (or so the document seems to read). What other benefits are yet undisclosed in each of these purchases and just to what extent is the resource base expanded; seems be a bit suppressed.

    I get the feeling if the approvals come through other surprises will soon appear on the horizon

    None of this is quantitative just the feeling you get when your looking at your chip stack, just before you decide to go "all in"

    Viney

    No I'm not buying any more, unless they go below a dollar
 
watchlist Created with Sketch. Add BTU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.