BND bandanna energy limited
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re: Ann: Progress of Springsure Creek Project... Only sure way...

  1. asteroider
    19,446 Posts.
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    17/04/14
    16:01
    Post #: 13264263
    re: Ann: Progress of Springsure Creek Project... Only sure way to get this up is to sell a massive stake to a company from one of our new free trade partners, because they would probably have the right to sue the government if the government impacted on their earnings.

    Unlikely to get up while an Australian owned project.

    The big question is whether thea small parcel algo operators/churners have marked it down far enough to attract interest yet.

    As the project is currently valued at half cash backing, negative 50 million; it may still be too dear?
    BND Price at posting: 10.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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