Australia's largest stock trading and investment forum Australia's #1 stock forum

BRL

Click for more information

1.25%

81.0¢ bathurst resources limited.

Can you both (IJ / Xman) simultaneously at 12 noon tomorrow...

First 29 Last

Share
Profile

Follow
Irishmist

444 Posts.

72

06/06/22

17:32

Post #: 61849747
Share

Originally posted by investor_jackson: ↑

Debt is "the state of owing money". They do not currently owe that money, so by definition, it isn't debt.

I agree that there are plenty of other "liabilities" but not in the form of borrowed money (which is debt).

"The main difference between liability and debt is that liabilities encompass all of one's financial obligations, while debt is only those obligations associated with outstanding loans." - this is pretty clear cut, there is no 'business intent meaning' or 'context' for debt to mean anything else... ie trying to call a potential $70m court case payment "debt" is factually wrong, it may be debt one day possibly yes, but it certainly isn't debt now.

Bathurst essentially does not have any outstanding loans, hence no debt, hence the name of this thread... but absolutely do have liabilities yes.

(I'm really not sure why we're back talking about a complex court case first started over 5 years ago - one I was ultimately vindicated on, but I'm not going to bang on about that, as this is about Bathurst being debt free, which it is)

Expand

Can you both (IJ / Xman) simultaneously at 12 noon tomorrow Sydney time post a message saying "I had the last word in the 'definition-of-debt-debate " - and then shut the bl--dy hell up ...

BRL Price at posting: $1.54 Sentiment: Buy Disclosure: Held
18 Upvote

9 Great analysis

Reply

Top Stories

ITM

iTech Minerals flags high-grade rockchip finds, boasting one sample at +18% copper. What lies underground remains to be seen

DTM

Dart on-target for high-grade structures and multiple reefs at VIC's Rushworth

M4M

Macro Metals picks up 80% in Firebird's manganese plays; mining services operations to launch if decision to mine passed

Pilot Energy awarded $6.5M in govt funding for Mid West Clean Energy Project

ARU

Arafura updates on total US$1B funding as export banks and lenders take notice; heading toward FID for Nolans

There are more pages in this discussion • 1 more message in this thread...

First 29 Last

Add BRL (ASX) to my watchlist

(20min delay)
Last 81.0¢		Change 0.010(1.25%)		Mkt cap ! $155.0M

Open	High	Low	Value	Volume
80.5¢	81.0¢	80.5¢	$1.127K	1.395K

Buyers (Bids)

No.	Vol.	Price($)
2	3513	81.5¢

Sellers (Offers)

Price($)	Vol.	No.
82.0¢	34260	2

View Market Depth

No.	Vol.	Price($)
2	3513	0.815
3	7456	0.800
1	11478	0.795
1	20	0.790
1	10000	0.680

Price($)	Vol.	No.
0.820	34260	2
0.825	19408	1
0.835	14031	1
0.845	6538	1
0.850	7366	2

Last trade - 15.42pm 23/07/2024 (20 minute delay)

BRL (ASX) Chart

SPONSORED BY