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73.5¢ bathurst resources limited.

I’ve been saying along the same lines that I think L&M made the...

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23/02/18

21:32

Post #: 31304722
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Originally posted by Replayradio ↑

I've sat in briefly on several sessions across the 2 weeks and the case is clearly far more complex than whether a royalty was paid... It is also ex clear that both sides have committed serious money to the case, and due to that I suspect that any ruling in a month is just another step in the process - there will be appeals. With the amount of such high quality coal reserves and resources in the permit area and both parties retaining a financial tie, I have been wondering if L&M may've been the other party that offered capital to help BRL buy the SE assets. It could've been a way to help kickstart mining on the Escarpment so they could get their payouts... If a transcript of the case ever becomes available I'd encourage you to dig through it - there's interesting numbers been discussed in the courtroom.

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I’ve been saying along the same lines that I think L&M made the alternative offer ( could be 100% wrong too)& I think replayradio way of thinking does make sense & brl way of thinking also makes sense by selling local & not Triggering a payment by shipped (exporting) Buller coal. Talk about finding a legal loop hole IF u can get away with it . Interesting

BRL Price at posting: 16.0¢ Sentiment: None Disclosure: Not Held
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Last 73.5¢		Change 0.010(1.38%)		Mkt cap ! $140.6M

Open	High	Low	Value	Volume
74.5¢	74.5¢	72.0¢	$201.0K	274.6K

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No.	Vol.	Price($)
1	4987	73.0¢

Sellers (Offers)

Price($)	Vol.	No.
74.0¢	16000	2

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No.	Vol.	Price($)
1	4987	0.730
1	9500	0.725
1	25	0.650
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.740	16000	2
0.750	26666	1
0.790	50000	1
0.800	28279	1
0.815	6538	1

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