BND bandanna energy limited
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"relatively low capital intensity" This is funny! Mate they can...

  1. Valin
    6,072 Posts.
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    30/06/14
    11:26
    Post #: 13588118
    "relatively low capital intensity" This is funny!

    Mate they can get 500Mt in measured resource, it will make no difference to the numbers. Do you honestly believe that finance will come easier because they have a higher measured resource? They have already stated how many tones per annum they intend to mine.
    The company cannot go into production until the coal price improves DRAMATICALLY! Why would a financier be interested in providing finance to BND if it cannot prove to be profitable?
    Do you know what OPEX is and what the break even point is?
    BND Price at posting: 8.4¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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