BTU bathurst resources limited

offtake agreements = $0.75

  1. 2,928 Posts.
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    Offtake agreements by the AGM?

    I believe we can also expect in the vicibity of $30m to $50m of development funding to be announced as part of the deals. I say deals because Hamish has already stated that of multiple partners 2 are further advanced in negotiation than others.

    In coming to the above values keep in mind that every hundred thousand tonnes is 20 million in the coffer. Once thes announcements are made thay then become the floor for future agreements

    I Expect funding to be to be at least parially available as soon as the final mine go ahead is announced.

    The reason for opening this thread of pure specultion is to highlite that there will be little need for any cap raisings in the medium future. So all those instos out there trying to get on board are going to have to scheme, manipulte or just bid up for your shares.

    Do not part easily with your gains there are more just around the corner me thinks

    My thoughts are $0.75 within a couple of weeks


    Viney

    DYOR

    A little bit of Grapevine and a lot of conjecture
 
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