BRL 3.57% 72.5¢ bathurst resources limited.

the management.......crickey even with poor governance they will...

  1. 3,202 Posts.
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    the management.......crickey even with poor governance they will have $60m in the bank end of next 1/4.
    I have to add IMHO their joint venture in Canada will prove to be a complete waste of money.
    I have done a fair bit of research into the Canadian venture and what I have learned justifies the SP performance of the company they have invested in.
    When BRL took out an investment in JAL I think(from memory) the SP was 14cps........now 7.5cps
    IMO JAL continue to use rhetoric to cover up just how difficult getting crown mountain mine over the hurdles it faces.
    To be somewhat more direct my research indicates the natives are not as keen as JAL are making out them to be.
    Coking coal still about $430USD ton so the bank account will be bursting



 
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