BTU bathurst resources limited

when will the foolery end!, page-2

  1. 489 Posts.
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    Since it now seems clear that RF&B will appeal every single court decision regardless, we might as well just accept it, and wait it out, acculumating along the way (as per Viney's suggestion). Bathurst have the funds to build the mine, which is more than most.

    You never know, maybe RF&B are doing us a favour by delaying the mine until coal prices improve. And sentiment in that area is not all bad, see:

    http://www.bloomberg.com/news/2013-04-18/peabody-loss-narrower-than-expected-as-u-s-coal-demand-rises.html

    As soon as I can gather some cash I am a buyer. Hamish will see us through.
 
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