The advantage of BRL is 75% of their revenue is derived from selling coking coal used in the production of steel. There is no substitute. The Canadian project with JAL is a pure coking coal play as well. Coking coal is currently selling for a whopping US$200/tonne. BRL is in the right business at the right time. BRL risk exposure to thermal coal prices is minimal.
coal future, page-2
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73.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $139.6M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11491 | 69.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.0¢ | 22005 | 2 |
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