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73.0¢ bathurst resources limited.

Ann: BRL: Jameson Reaches Agreement with Strategic Partner, page-13

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sueq

2 Posts.

29/06/18

12:54

Post #: 34037541
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Originally posted by Moosie_900 ↑

Aaaaaand there goes any hope of dividends for at least a couple of years! Jeez, $120M CAD investment with a possible huge lawsuit payment up ahead, with no prospects of mining their biggest "asset" before the permit runs out. Some (actually a lot...) would call this very imprudent.

Good luck with this cyclical commodity. I suspect the good days are long gone and that BRL could end up saddled with huge costs as a downturn hits.

And some people wonder why the sP is so "cheap" and the market is "stupid" lol!

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Moose

I would suggest you read and understand the announcement before your make your pronouncements.

It is staged, de-risking approach to the project and the final payment is only on commitment to development and construction

read first to understand the deal

BRL Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 73.0¢		Change 0.010(1.39%)		Mkt cap ! $139.6M

Open	High	Low	Value	Volume
73.0¢	73.0¢	69.5¢	$6.36K	8.86K

Buyers (Bids)

No.	Vol.	Price($)
1	945	71.0¢

Sellers (Offers)

Price($)	Vol.	No.
73.0¢	35499	2

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No.	Vol.	Price($)
1	945	0.710
2	845	0.695
1	4379	0.685
1	30	0.680
1	1000	0.630

Price($)	Vol.	No.
0.730	35499	2
0.740	219	1
0.750	10000	1
0.755	30000	1
0.780	2200	1

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