bad news?, page-8

Too funny imo.
Bandanna states -
"timing of mining lease uncertain"
"timing of construction and development uncertain"

What about "timing of JV partner", "timing of coal price rebound", "timing of WICET take or pay", "timing of capital raising/rights issue/SPP".

In my opinion, anyone in coal stocks - you can kiss your money goodbye!
In all seriousness, the coal price is well below cost of production.
You as a shareholder want cost of production to be less than the coal price.
I don't understand how any shareholders could be positive.
How is the share price going to appreciate if the company cannot make any money?
I think it's just hope on the part of shareholders especially on this forum?

The company is in denial............Bandanna needs a billion dollars more money and a majority shareholder/JV partner just to survive. In my opinion, their only way to survive is to give up 80-90% of the project and it won't be even close to $100 million.
It's gone in my opinion........slow death like every other coal developer/explorer.
Very sad.