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16-08-2017, 01:16 PM
#901
BRL up to 13.5 today on very good volume so far of 4,000,000. Looks like the market has some faith in current proceedings.
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16-08-2017, 05:36 PM
#902
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21-08-2017, 12:46 PM
#903
Nudging 14 cents today.... good things come to those that wait and are patient.
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25-08-2017, 10:44 AM
#904
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25-08-2017, 10:56 AM
#905
 Originally Posted by stoploss
The last step so the CEO says... excitement ahead.
FY17 and FY18 outlook due out within 6 days.
Truly transformational times.
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25-08-2017, 12:07 PM
#906
Originally Posted by trader_jackson
The last step so the CEO says... excitement ahead.
FY17 and FY18 outlook due out within 6 days.
Truly transformational times.
Up,up and away 13.5 cents...
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25-08-2017, 02:05 PM
#907
Originally Posted by stoploss
Up,up and away 13.5 cents...
Nudging 14 again.. last time I said that it dropped back to 12 and 12.5. This time I may be wrong. Great to see it go from strength to strength. How much can it go? That will depend on how BT Mining perform and when and if the Escarpment is up and running. Anyone have any news on what they are doing with the Escarpment? Or are Coking Coal prices still not firm enough to warrant taking that out of care and maintenance? The AGM this year should be interesting that is for sure. Toko et all will be busy boys.
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25-08-2017, 02:39 PM
#908
Originally Posted by blackcap
Nudging 14 again.. last time I said that it dropped back to 12 and 12.5. This time I may be wrong. Great to see it go from strength to strength. How much can it go? That will depend on how BT Mining perform and when and if the Escarpment is up and running. Anyone have any news on what they are doing with the Escarpment? Or are Coking Coal prices still not firm enough to warrant taking that out of care and maintenance? The AGM this year should be interesting that is for sure. Toko et all will be busy boys.
They will need some capital to develop escarpment. Wouldn't surprise me if they continue to bank the profits from the SE assets for a while which will also allow the coking coal price time to stabilise.
On SE/BT profit possibilities, especially at the current coking coal price, the share price could be justified at much higher levels IMHO.
Last edited by biker; 25-08-2017 at 02:43 PM.
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25-08-2017, 02:44 PM
#909
Originally Posted by biker
They will need some capital to develop escarpment. Wouldn't surprise me if they continue to bank the profits from the SE assets for a while which will also allow the coking coal price time to stabilise.
On SE/BT profits alone the share price could be justified at much higher levels.
IMHO
Cheers biker, did not know they required capital to develop escarpment. I thought it was all ready to go. Yes the profits from the SE and existing assets could be material if they are managed well and could support a higher share price. Not selling after selling a small portion at 10 cents, in for the ride now.
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25-08-2017, 03:34 PM
#910
Originally Posted by blackcap
Cheers biker, did not know they required capital to develop escarpment. I thought it was all ready to go. Yes the profits from the SE and existing assets could be material if they are managed well and could support a higher share price. Not selling after selling a small portion at 10 cents, in for the ride now.
As I understand it the escarpment coal is pretty much ready to go but there will be some capex involved to transport it.
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