BRM brockman resources limited

wni cold calling, page-4

  1. 9,439 Posts.
    Standard procedure for these guys. I'm clearly on their 'do not call list'. I pity the poor guy at the end of the phone should I reappear on it.

    Intresting article here... and I don't recall BRM annnouncing any JV with AGO. Funny how all the value attributed to Atlas is due to their port allocation, yet BRM's valuation gave it $0.

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    http://www.businessweek.com/news/2012-04-18/atlas-iron-speculation-grows-with-australia-port-needs-real-m-and-a

    Spare Capacity

    An acquisition of Atlas would give a buyer an immediate 10 million tons of unused capacity, the biggest such space available at Port Hedland, according to Peter Arden, a resources analyst at Ord Minnett in Melbourne. He said Atlas could fetch A$4 a share in a takeover.

    In addition, Atlas has the ability to boost its capacity to 46.5 million tons through the South West Creek project being developed in a joint venture with Brockman Resources Ltd. (BRM), at an estimated cost of A$2.5 billion, according to a Feb. 29 presentation to investors.
 
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