Appreciate your posts et all. 12 months ago we were talking about bogdan, monty etc, now we are talking about coal. I mean who knows we could end up selling this coal project soon as well, you cant discount it. I will be praising management when they ACTUALLY deliver something because currently its a whole lot of "over promise and under deliver" which has been PROVEN from the last four years of misguided PR from the company, nobody can deny that and if you do I suggest you go over and reread previous announcements and look for the holes, there are plenty.
I am not saying that NR is not a solid project but that is what we were saying about monty and bogdan and peelwood. Until something actually comes of this with real cash in the bank the reality is we have nothing and staring down at more dilution IF this cash doesnt turn up soon.
Most LT punters that are left in this are in it for togo phosphate not coal, thats it. if we dont get togo there will be a mass exit, that is just fact.
BMB Price at posting:
11.0¢ Sentiment: None Disclosure: Held
