BRL 0.00% 71.0¢ bathurst resources limited.

Ann: Company Update, page-166

  1. 1,524 Posts.
    lightbulb Created with Sketch. 514
    Yes I agree this annual financial result will be largely irrelevant.
    I was quoting it based on market cap, and I think we may see surprisingly little dilution - but again, hopefully we will see some guidance on this tomorrow. Its peers also do not have anywhere near the growth options (eg buller project) BRL has, which I believe outweighs, at least to a point, dilution. BRL did provide EBITDA guidance last year, of NZ$12 to 13M (for FY17) - so I suppose it is this that we should compare FY17 to, and ideally they will provide guidance guide for FY18, like they did last year.
    Last edited by investor_jackson: 29/08/17
 
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