dont worry about Galilee basin jv which wont bring profit to BND for another 5 years at least. there are no infrastructure at all! Bowen and Surat basin will supply enough coal to the whole world for next decades, why bother to explore Galilee? BND should focus on its current MDL's and find jv for these projects that can bring cashflow in next two years. Wiggins island first stage owner is a good selling point. i recon Dr Shaw should fly to China and find someone with $$ to invest BND. BND can only fly in the sky if it starts to dig coal.
BND Price at posting:
53.0¢ Sentiment: None Disclosure: Held