i spoke to management and it is an anglo problem...they cant sell any coking coal in the market at the moment and hence they will be closing the mine....
bnt will still be working on anglos other contract pending an extension there....
they just need to win another contract to get cashflows up again
as you say a shame cause things were really coming together
BNT Price at posting:
2.3¢ Sentiment: None Disclosure: Held
