BRM 0.00% $2.53 brockman resources limited

brm @ $1.00 or fmg @ 2.00, page-12

  1. 193 Posts.
    You can't really compare the 2 as they are in different leagues.

    It also depends on your timeline (i.e. how long you are willing to hold on to the shares). For short term gain, then FMG easily.

    FMG producing at 45mtpa. BRM to start in 2012 at a less than that rate.

    Don't kid yourselves that BRM won't need debt to start because it is not pure DSO.

    FMG has 1 risk at the moment and that is the level of debt. BRM have several which have been mentioned on this board.

    Also look at the price history. FMG had a high of $13. BRM had a high of $3.

    So you can see you will get about 5x with FMG, whereas BRM will be 3x.
 
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