GS, I'm still here shaking my head at the number of new posters. Not sure how many will hang around, but I'll be going away to the coast for a few days so won't be reading the BRM forum. No doubt when I come back on the weekend, the numbers will have thinned.
Didn't get much painting done today and I'm in the bad books with the missus cause I didn't let her know until she got home from work that we had a rather good day.
I think we need to do a critical analysis of the 550MT to see what it means in terms of grade, benefication, contaminants etc. The 1.1 billion was just the headline grabber, it's the 550MT that we need to look at. Mind you, BRM already have 2 memorandums of confidentiality with 2 Chinese steel mills based on the drilling results- so the product must be acceptable for their needs. I note that we've also attracted the spruikers for other iron-ore juniors who feel compelled to let everyone know that the 550MT isn't really that good a grade - ignoring the fact that we've continually said we don't have the best grade ore but it seems saleable. Hopefully they'll go back to their forums and romance themselves there. I figure our MD knows a lot more about marketing/selling iron ore than what they do - and is probably more in tune with what the market will accept.
Good to see posts from Needle and OrlandoG today as well. Long time since we heard from them.
BRM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
