BRL 3.31% 78.0¢ bathurst resources limited.

BRL Chart, page-386

  1. 330 Posts.
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    Just a couple of things... the volume lining up at 14 and 14.5 is at least as high as its been in a while - so 'thinner than ever' is a bit dubious. And as for coal prices, in terms of net return to BRL, the diff between 175 and 200 is about 3 and a half ships. I'd rather have a new customer contracted for a dozen shipments at 175 than just the current customers paying 200. I see new contracts are the key to this SP far more than the HCC price. They could be at least a year away however.
 
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