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73.0¢ bathurst resources limited.

Ann: Pause in Trading, page-36

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377 Posts.

46

20/08/18

10:26

Post #: 35030885
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Originally posted by investor_jackson ↑

I am surprised, and slightly frustrated that nothing has been announced yet - and the fact neither party seem to have come out swinging makes it even more intriguing - maybe a compromise is being worked out as we speak?. Both parties have known for days and I would have thought in this democratic society the judgement would have been released to the public soon after (ie late Friday or early today) it was

released
to the parties involved.

As for the specifics of the court case itself, my view was that BRL could either pay US $40m OR [or being the important word] elect (instead of that payment) to pay a higher royalty rate instead - they had paid this higher royalty rate for years (as BRL's annual reports show), although obviously this doesn't amount to much as hardly any coal was mined - so do they get this higher royalty rate they paid back if they have to pay the $40m USD?

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Simple answer to royalty payment is NO. Pay higher royalty until performance fee is paid.

BRL Price at posting: 14.5¢ Sentiment: None Disclosure: Not 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

View Market Depth

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

Last trade - 15.58pm 07/11/2024 (20 minute delay)

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