Guys -Take a look at the BRL refreshed website. Much better and very informative, which I couldn't say in the past. Interesting estimates under news especially the heading "BT Mining clears final transaction hurdle". With predictions that production will be - Stockton 1,000,000 tonnes, Rotowaro 700k &Maramarua 150k, plus other sites all ramping up, it doesn't take much to believe that BRL should post a profit close to $100 million for the forecast year to June 2018, provided current coal prices hold up. A share price at those levels of EBITDA could easily be in the vicinity of 70-80 cents with modest PE I believe. Cheers to the mugs selling out at current levels, I'm definitely a holder.
BRL Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)