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).
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Last
84.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $160.7M |
Open | High | Low | Value | Volume |
84.0¢ | 84.0¢ | 80.0¢ | $23.45K | 28.49K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 10527 | 82.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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83.5¢ | 220 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 10527 | 0.820 |
1 | 10214 | 0.815 |
2 | 14590 | 0.810 |
2 | 23322 | 0.800 |
1 | 5000 | 0.750 |
Price($) | Vol. | No. |
---|---|---|
0.835 | 220 | 1 |
0.840 | 26636 | 1 |
0.850 | 77093 | 6 |
0.870 | 5223 | 1 |
0.880 | 9296 | 2 |
Last trade - 13.57pm 27/05/2024 (20 minute delay) ? |
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Last
83.5¢ |
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Change
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Open | High | Low | Volume | ||
83.5¢ | 83.5¢ | 83.5¢ | 1042 | ||
Last updated 13.57pm 27/05/2024 ? |
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