The comparison to FMG at the end of the article says it all don't you think!!
Based on the article even someone with a basic knowledge of maths can do this one....
FMG = Market Cap $15,000,000,000 - production 40 mil tonnes
Projections for BRM = 20 mil tonnes is half FMG...
Therefore a comparison market cap = 7,500,000,000 compared to currently $528,000,000 = 14 times the current price!!
Not bad over only a few years!!
And before it starts - yes I know the above is a very simplistic calculation with lots of other factors involved that are not accounted for - but surely this can start to show the market the potential value of BRM even if it never gets there!!
Cheers
Hevlet
(Long term holder - first time poster on BRM thread - happy to get in the green - bought at $3 in the spike a few yrs ago before cap raising and dip etc)
BRM Price at posting:
$3.80 Sentiment: Buy Disclosure: Held
