I have been keeping my eye on BND for a while now. Completly researched a few months ago. Bought in at $0.105 around June/July. Just loaded up again today at $0.21. I think this company is undervalued at the moment and do believe there is good growth potential and for the market price to reach 0.30 by end of the October.
Bandanna is a quality comapany and is committed to reducing or mitigating the effects mining has on the environment.
If purchasing these shares today, investor must be aware that the mine site approval has not been received yet and there is a few hurdle's for BND to sort out.
Positives: Nearby Railway use has been agreed, Port authority has approved an export quantity per year.
Negitives: No mine approval received, more costs to complete works to enable loading of thermal coal onto trains
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I have been keeping my eye on BND for a while now. Completly...
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