BRM brockman resources limited

only a fool will think this wont open higher , page-24

  1. 9,439 Posts.
    I agree GS.. grades are equivalent to 550MT DSO, which given the upgrade costs should be worth around 80c a tonne at minimum (giving a 20% discount at $1/tonne for the screening and upgrading). That equates to a 440M market cap or $4.88 per share... throw in the Nickel assets and the cash and I think we can see $5.00 as a possibility.
 
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