BTU bathurst resources limited
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btu inches forward, page-3

  1. Lefevre
    10,127 Posts.
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    30/04/13
    10:33
    Post #: 11700906
    The quarterly is showing a big cash drain with coal receipts significantly less than coal production costs with what looks like more to come next quarter.

    The sp drop today seems to me to look like the market thinks BTU will need a cap raise going forward.
    BTU Price at posting: 18.0¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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