BRB breaker resources nl
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Ann: Trading Halt, page-51

  1. Avzath1975
    231 Posts.
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    25/10/22
    16:06
    Post #: 64386874
    This is on top of their $22m cash position as at 30 September?

    So at current SP its market valuation is ~$73m with cash on BS of $22m. Plus another $60m from sale so will have ~$80m cash on balance sheet.

    How much would a 1.6m ounce gold resource be worth? $40/ounce? That's $64m so this asset EV = $144m or ~40c per share when it reopens?

    BRB Price at posting: 23.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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