BRL 3.85% 75.0¢ bathurst resources limited.

Actually rsah,  I don't mind putting a quarter of my assets into...

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  1. 475 Posts.
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    Actually rsah,  I don't mind putting a quarter of my assets into one investment.  Even more than that  ha ha   much more     but then again;  everyones  got different amounts of risk tolerance eh..............  maybe i'm just a crazy dude   ha ha

    RE  the video of the AGM         I  came across it this morning.    Click on    NEWS      

    I  haven't watched it yet

    My thinking with  BRL  is  that:   providing the outlook for coking coal prices stays  as being predicted  (demand and prices stay strong);  then  i can hold through this period ( waiting on  appeal outcome and having it done and dusted  which ever way it goes,  and the options conversion. )

    With stronger for longer  coking coal price,  BRL should have a very attractive dividend yield going forward and with Canada coming, a big increase in production/profits......as the graph was showing in AGM/ recent presentation

    ie      Should start to get some share price upside at some stage,  once all the shit is done and dusted

    Providing the 'stronger for longer'  coking coal price continues to play out,  a cash machine paying out a strong yearly dividend yield with more production growth in the wings,  should be quite attractive in our volatile global stock markets   

    Am i wrong??
 
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