BRL
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0.00% 1.6¢ bathurst resources limited

re: Ann: MINE: BRL: Bathurst Resources Knuckl... the option is...

  1. rogar
    829 Posts.
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    25/02/14
    22:01
    Post #: 13049667
    re: Ann: MINE: BRL: Bathurst Resources Knuckl... the option is they are cutting costs and waiting for prices of coking coal to improve....

    at the current price of coking coal, a lot of projects are not viable.

    they do need to sale equity in the project, what they need is the coking coal price to improve.

    if it doesnt then BRL will continue to fall.

    simples
    Price at posting: 10.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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