BRL 2.45% 79.5¢ bathurst resources limited.

I've sat in briefly on several sessions across the 2 weeks and...

  1. 330 Posts.
    lightbulb Created with Sketch. 24
    I've sat in briefly on several sessions across the 2 weeks and the case is clearly far more complex than whether a royalty was paid... It is also ex clear that both sides have committed serious money to the case, and due to that I suspect that any ruling in a month is just another step in the process - there will be appeals. With the amount of such high quality coal reserves and resources in the permit area and both parties retaining a financial tie, I have been wondering if L&M may've been the other party that offered capital to help BRL buy the SE assets. It could've been a way to help kickstart mining on the Escarpment so they could get their payouts... If a transcript of the case ever becomes available I'd encourage you to dig through it - there's interesting numbers been discussed in the courtroom.
 
watchlist Created with Sketch. Add BRL (ASX) to my watchlist
(20min delay)
Last
79.5¢
Change
-0.020(2.45%)
Mkt cap ! $152.1M
Open High Low Value Volume
80.0¢ 80.0¢ 79.5¢ $5.788K 7.278K

Buyers (Bids)

No. Vol. Price($)
1 4656 79.5¢
 

Sellers (Offers)

Price($) Vol. No.
81.5¢ 4 1
View Market Depth
Last trade - 15.29pm 25/07/2024 (20 minute delay) ?
BRL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.