PRC 0.00% 61.0¢ pike river coal limited

Yeah, I believe the rescue team are doing their best Bernard....

  1. 250 Posts.
    Yeah, I believe the rescue team are doing their best Bernard. Apparently the robot has to be adapted so it won't make a spark - takes time.

    I just saw on the news that in an Aussie mine explosion some years ago, they went in too soon, there was a secondary explosion and 8 rescuers were killed.

    But what a dreadful disaster. Terrible for the poor families not knowing what's happened in there.

    I mean no disrespect to the families, but this is a forum about shares. Who knows what will happen to the value of the shares when they start trading again. I hope they stay frozen for quite some time till things are worked out - however that may be. I wonder if this would be a reason to extend the 2011 options?

    Or will the company go bankrupt? Get bought out? Will NZO still be there with $$? The coal is still worth around $11b in total - can it just be abandoned? So many questions
 
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