you gotta wonder just how inept this management is.The court...

you gotta wonder just how inept this management is.
The court case was never based on one word as some appear to believe.
BRL shot themselves in the foot by declaring they owed the money in several of their own reports.

They have been doing a buy back after the first court loss as well as investing in an overseas venture and they shelled out for a dividend.....NONE of it they have the money for considering the court loss amount.........just crazy stuff.
At least this time they are being completely upfront about it all and basically saying our balls are in
L&M hands.
Ability to fund the court loss IMO is going to be constrained by the banks view of this management and the price of coking coal.
As well as BT mining own much of the assets and IMO Talleys are way to smart to allow BRL to loan against those assets to any meaningful degree.