OIO Approval/Happy Day, page-16

I agree. There are in my view a couple of milestones for BRL :
1. Final completion of the purchase of the Solid Energy assets.
2. A period of successful and profitable operation of Stockton mine.
3. Increased production at Stockton.
4. Getting the escarpment going with the profits from Stockton-this has been tagged at 1mt p.a but there is no reason that it couldn't go to 4mt p.a as flagged a few years ago.
5. Other opportunities on the West Coast (as flagged by the Greens). If this is to happen it needs to be under a National government as they are pro employment for the West Coast.

Once these things happen then the share price will reach full potential. I'm of the view that this is a 5-10 year investment. I would have bet the house on it but my rule is no borrowing to invest (as my mortgage is gone and I want it to stay gone).