BRL -i must say that i am a little bit disappointed with the...

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    BRL -i must say that i am a little bit disappointed with the terms of Convertible notes/preference shares: $11.3m convertible at 2.2c and $7.5m convertible at 3.75c. Just ridiculous discount to the 6.8c BRL share price before Trading halt. I sold out my last lot at 7c.
    On the positive side, the deals to add 1mt of coking coal from stockton and 700ktpa from NID (thermal coal) for the Phoenix Coal (65% owned by BRL).
 
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