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0.88% 5.7¢ jameson resources limited

Ann: Basin Coal Mine Project Update , page-6

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  1. BrianMcgee
    137 Posts.
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    02/06/10
    08:45
    Post #: 6760725
    this just suggests that CEC know the project is not and will not be viable - why else would they renegotiate on the on the same terms to JAL, yet forgo the C$3.1m and additional shares to CEC. This new agreement gives CEC a saving on holding costs and JAL gets to pretend there's something in Basin for 12 more moths.



    JAL Price at posting: 4.8¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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