Beacon Hill Resources - Re: BHR Stream Log - The only thing that will...

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08:42 08/09/2014

The only thing that will be gone forever is BHR the company if they don't secure the debt facility and get those trains sub leased pretty damn quick. All the talk of Ukraine running out of coal is ridiculous as far as BHR are concerned. have people forgotten that we are not producing coal in any serious volume at this time and even if we are we don't have the wash plant upgrade or transport to get the stuff to market. People on these boards have just not done their homework as to what state this business really is in. We are 12 months off exporting coal and only then if we get all the finance in place. And let's not forget the debt facility if secured doesn't allow for the further 10m they said we would need to develop the rail sidings at Biera. Come on guys understand the basics of this buiness before you ramp it up into something it isn't. It had and maybe still does have great potential but I'm not sure if we have the BoD in place to realise this.

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