TBR 4.05% $4.37 tribune resources limited

I know where you are coming from. No probs.i wouldnt worry about...

  1. 20,060 Posts.
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    I know where you are coming from. No probs.
    i wouldnt worry about jp morgan here or hsbc.
    their 5million shares could easily be short circuited by another share buyback to put a floor under the SP.
    They are more of a worry accross at NST and others.
    I dont think Billis has sold out to them like elsewhere.
    i understand your frustration about the kanfaroo court and susequent events. Billis was getting to big they thought and they clipped his wings.
    A bit like Elon Musk over at TESLA. They went after him until he relinquished his position.
    Anyways, so far he has been better off.
    It a joke though as you would agree , that tge authorities put up with what goes on elsewhere but ram TBR and Billis. When he has looked after his shareholders more than maybe any other company on the asx. Admittedly helped himself also.
    Anyways, i do have a concern if TBR loses the courtcase because it will reduce cashflow , while having to pay NST for extracting the ore.
    One other possibility is , NST is/has made so much milling their own ore that they dont care and are happy to pay damages or settle and everyone is a winner.
    There are some funny things that go on in the shadows of the business world.
    i would dearly love to know about that 400k approx milling contract for this year that TBR has.
    Is that the NST contract that they are going to court for.
    Or is that new ones at lakewood and mungari or somewhere else?

    Last edited by albatrosss: 03/10/20
 
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