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2.52%

81.5¢ bathurst resources limited.

How is it possible that BRL is so damn cheap?, page-14

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xmanrocks

3,200 Posts.

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23/02/22

18:58

Post #: 59770089
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Originally posted by Barnacle55: ↑

I was referring to Westport, as stated the port was capable of doing a million tonnes pa in its existing condition.Whilst I’m well aware that the present management have no wish to use the port, whereas the previous ones were intent of using the port as Solid had rail tied up , a lot of water has passed under the bridge since then.
No company should ever put all its eggs in one basket, as the floods of recent times show rail is precarious, one big quake and nothing will move for 6 months or so, you only have to look at the Picton - Christchurch rail link which was out of use for a considerable time after the Kaikoura quake.

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I think you have missed the boat so to speak.
BRL are on record saying the port in it's current state is not a viable option for shipping coal.
I am not sure if it is just the dredging that is required to keep a certain depth but I am sure BRL have said to be viable, for export coal, ships of a certain minimum size are required and even the minimal size is to big for westport.
Makes sense given how far we are from export markets.

Last edited by xmanrocks: 23/02/22

BRL Price at posting: 83.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 81.5¢		Change 0.020(2.52%)		Mkt cap ! $155.9M

Open	High	Low	Value	Volume
80.0¢	81.5¢	80.0¢	$126.8K	157.5K

Buyers (Bids)

No.	Vol.	Price($)
1	1745	80.0¢

Sellers (Offers)

Price($)	Vol.	No.
81.5¢	24152	2

View Market Depth

No.	Vol.	Price($)
1	1745	0.800
1	25641	0.790
1	6410	0.780
1	398	0.770
0	0	0.000

Price($)	Vol.	No.
0.815	24152	2
0.820	177555	3
0.830	5223	1
0.835	4860	1
0.850	4566	2

Last trade - 16.10pm 25/06/2024 (20 minute delay)

BRL (ASX) Chart