Strong Cash Position
BRL.AX maintains a strong cash position with $141 million in cash and no real debt, which ensures financial stability and potential for future investments.
Consistent Domestic Demand
Consistent demand for coal in domestic steelmaking, supported by a coalition government in New Zealand favoring mineral development.
Increased Sales at Takitimu
Takitimu mine experienced slightly increased sales and decreased costs, leading to an increase in EBITDA.
Future Growth Potential
Plans for projects in British Columbia, including Crown Mountain and Tenas projects, which could significantly contribute to future production and revenue.