BTU bathurst resources limited
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keep in mind

  1. viney402
    2,928 Posts.
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    21/08/12
    10:32
    Post #: 10597931
    For every 1 million tonnes of production at Gross profit of $100 per ton (conservative even at todays depressed pricing). Start up costa at $115 pt.

    Thats approximately $0.15cents per share earnings and at the projected 4 mtpa by 2017/18, well; it looks cheap doesnt it. Its a pitty there is that pesky GFC 13, or what ever we are up to now, in the way.

    Just reminding myself

    Viney
    BTU Price at posting: 47.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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