Ann: Quarterly Activities Report, page-12

Almost hard to believe that in the past year: despite 4 increases in EBITDA (with EBITDA going from 60m ish to 90m ish - a 50% increase), a joint venture agreement with extremely attractive economics, and coal prices staying far higher for far longer than virtually anybody expected, among other things... the share price is up less than 40% - aka BRL is officially cheaper than it was a year ago (which was already dam cheap... as EBDITA has expanded more than the share price rise).

We should see the quarterly report this week, or perhaps early next week.
Even if it is fantastic (like upgrading EBITDA 4x in the past year), share price will probably still be stubborn about it.

Would be nice if we could cover off that pesky court case sooner rather than later as well... given how long it has taken thus far (5 months since the end of the court case), any appeal is likely to mean BRL ain't paying out a cent for a good few more months to say the least! Not that they are going to struggle to pay for the court case - they already have half of it in the bank, and are generating literally well over a million in free cash flow every fortnight.

We await 4Q2018 report