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re: Ann: QUARTER: BRL: Amended - Quarterly Ca...
Well good news is that BRL is not the only resource company in the very same position - looking to go into production, just running out of money and with resource prices too cheap to mine at mom.
However BRL seems to burn a lot more cash on a daily basis for little return so lets see if Hamish can stop the excesses spending without pushing the company over the edge.
Also might want to sell the plantation as that was a good money spinner or some of the other non income producing land acquisitions that have been made over the years.
Bunker down the hatches it could be a very bumpy ride off the bottom or possible into the mud.
Noticed ins to that was propping up the market whilst most likely trying to get out of more shares I suspect has even given up as no one is interested anymore.
