BMB 0.00% 2.5¢ balamara resources limited

world class coking coal project, page-5

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    As a result of this important breakthrough in the Company’s ongoing search for major resource assets with company-making potential, Balamara intends to embark on a corporate restructure, including the potential -

    "divestment of its existing base metal projects in Central Europe and Australia" -

    to enable it to focus on the development of this Tier One asset.

    So is this saying we are looking at another 3 years befoe we get anything into production?

    In syaing that, without knowing a lot about coal, at this early stage, it appears to be a farily significant aquistion for BMB!

    I guess the market will tell all...

    GL all.
 
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Currently unlisted public company.

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