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0.00% 15.0¢ bathurst resources limited

$20m profit with a $12mill mc...do the math

  1. Cabe
    9,853 Posts.
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    20/11/08
    16:46
    Post #: 4520071
    This is so good it deserves it's own thread.

    If they get their increase of production up to 90ktpm by June 2009 with the $20 per tonne margin, that will be a tidy $20mill profit.

    Current market cap is ~$12m!!!

    This is a good, no an excellent and very strong buy IMO!!

    Cheers

    Cabe
    BTU Price at posting: 17.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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