Well, building a coal mine is a huge capex project, and very few juniors are capable.
I think that having Bhushan as a partner is valuable for that reason, even if they do get a cheap JV or two.
If these deposits pan out well, and the market still doesn't like BWN, then Bhushan will probably just do a T/O.
One thing about Australian resources: they are constantly undervalued by instos/retail until a foreign entity is interested.
Then everyone gets all indignant that we are selling our cows.
Well, building a coal mine is a huge capex project, and very few...
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Last
64.0¢ |
Change
-0.020(3.03%) |
Mkt cap ! $176.1M | |||
| Open | High | Low | Value | Volume |
| 66.5¢ | 66.5¢ | 63.5¢ | $224.4K | 349.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 635 | 63.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.0¢ | 29633 | 1 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| BWN (ASX) Chart |