final bullish confirmation, page-69

The ride continues here at Brockman! More fun than Disneyland with all the ups and downs. Im approaching the 2 year mark from my initial Yilgarn purchase of under 40c and have then continued averaging up since then. From the lofty highs of over $3 to retrace back to 40c was gut wrenching to say the least. The recent turn around in interest and share price has been an unexpected breath of fresh air to many on this thread and may it continue!

For those posters naming individuals posting regularly and positively you missed westcott. I believe he also deserves recognition along with the others.

Well, where to from here BRMs. With BRMs trading volumes of the last couple of weeks significantly changing, something is definately going on. To what degree is unknown. Even if the recent buying concludes I am pleased that the new holder/s will probably hold LT. Keeping the share registry tight is a big bonus for long term holders like myself. Good news and announcements then tend to create rapid and rewarding SP movement. Hence the positive signs for LT holders regarding the recent climb in BRM SP and share trading volumes imo.

We all know that beneficiation is the real key for Brockman. For 6 months the debate surrounding grades/impurities and costs has become stale and tiring. At times in the past, debate was so heated and intense we even lost GS from the thread. If results prove Marillanas worth to JV partners the excitement of the last few weeks could well be the start of something quite special.

The reason I say this is because Brockman at todays closing price of $1.06 still only has an EV of approx $44m.

136m shares with $100m cash

approx 73c a share cash

33c a share value placed on Marillana, Nickel assets and over 15 other prospective IO tenements.

136m shares at 33c gives an EV of $44m

Going one step further...

900mt (if proven as DSO equivalent) plus 56mt DSO (more to come from Abalone) has a current EV value of just 4.6c t !!

I have never been as positive as some on this thread but Brockman at these prices still seems cheap imo. It appears the smart money agrees! If the beneficiation results go our way this is a stock that has proven it could fly north in a big way. Even to get back to $2.50 or $3 sometime this year would be an incredible result for LT holders.

Kind regards all and good luck BRMs