BRL 0.00% 81.0¢ bathurst resources limited.

Agreed. No buyback can happen while all the cash is held in the...

  1. 41 Posts.
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    Agreed. No buyback can happen while all the cash is held in the JV.
    I think that if Talleys is out of the picture BRL will have 50% higher EBITDA and access to all the cash.
    I don’t see downside as BRL can’t get its hands on the cash at the moment. I think people miss this point when wondering why the SP is undervalued.
 
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