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Ann: Trading halt , page-15

  1. 607 Posts.
    This will purely be a case of good governance from the BTR board as there will likely be parties out of the BTR control that now have access to the budget information, hence, for everyone to be on a level playing field - trading halt.

    Personally, I can't foresee any bad news out of this, when you consider: a) project costs are bank rolled by Glencore, BTR only takes a cut of profit; b) Glencore pushed an acceleration and upgrade of the project/mine, would they seriously do this if the budget a borderline issues?; c) mine just opened by BF Prime Minister and production started.
 
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