BUY BHR
by
Green
on
16 Aug 2013 13:00
Price at rating: 2.18, now:
Finally the news we've long been waiting for is due any time, as it says in the quarterly update released at the end of July:r r o Washplant - full production to commence shortlyr r o Reserves Upgrade - this is DONE, just waiting for final sign-off then will be releasedr r o Finance issue to be finally resolved with BOT (build-own-transfer) financing for phase 2b/c upgrades - this will be very well received.r r o Coking coal price has bottomed and is finally on the rise again. See recent article on Platts.
Score: 45.00