Just had a look back at 2019 FY when BRL made a NPAT of $45m and EBITDA of $106m... export pricing averaged $204.56/t USD and some are picking prices of $190/t USD for the near future (article below).. currently EBITDA forecast is $55m odd... if things continue to be elevated like they are, this will surely be blown away and we could be looking at $100m+ EBITDA again... and if that is the case, with a currently market cap of $120m, BRL is massively undervalued by 3 or 4 times, making my $2 price target (20 cents prior to consolidation) quite reasonable to say the least (and even if BRL came out in FY22 producing $70m EBTIDA, a P/EBITDA of 4 would still make for a market cap 2x that of today!)
Time will tell.
https://unauthorised investment advice/resources/monsters-of-rock-analysts-are-tearing-up-coking-coal-forecasts-as-prices-soar/
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Ann: June 2021 results announcement, page-13
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Last
84.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $160.7M |
Open | High | Low | Value | Volume |
84.0¢ | 84.0¢ | 82.5¢ | $109.5K | 131.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 21559 | 82.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
84.0¢ | 33981 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1559 | 0.825 |
1 | 5000 | 0.810 |
3 | 24682 | 0.800 |
1 | 10000 | 0.770 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.840 | 33981 | 1 |
0.850 | 72093 | 5 |
0.870 | 5223 | 1 |
0.880 | 8296 | 1 |
0.890 | 581 | 1 |
Last trade - 15.59pm 24/05/2024 (20 minute delay) ? |
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