I admit it took me quite a while to absorb what the report today was actually saying after the initial shock today.
Please feel free to correct me if I am wrong however it appears it is the open pit mining that is the problem as this is what has been halted, however the underground operation from what I can read is to continue mining and shipping.
It also appears BTR do not trust Glencore's report or revised resource estimate calling in independant experts.
Ironic that it was Glencore who wanted the open pit not BTR.
What is going on here the whole thing stinks?
No prizes for guessing why Scott Lowe and the chairman walked.
BTR have known about this since Sept 2013 apparently !!!
BTR Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held
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