what i would like to see, page-6

I'm wondering if any $2.50 placement holders are considering legal action against BRM and /or Patt's - they were clearly sold BRM on the basis of stage 1 going ahead, and the funds were to be used for that purpose. For what it's worth it's a bit unseemly for BRM to be sitting on this cash that they acquired for a specific purpose.

WR said earlier in the year they would consider trucking the 2mpta to Port Headland if they could not secure rail access. So the fact that WR has failed to secure rail acceess, and uses that as an excuse not to move on to stage 1 is a bit rich. In the absence of anything else he is using the rail access issue as a smokescreen agains his other key failing: not bedding down a JV and/or offtake agreement when the market was at its peak. WR claimed bakc in August he was expect another solid round of prie increases.

I call into question his judgement and his commerciality to put a deal together. It has failed shareholders bigtime.