BRB 0.00% 47.5¢ breaker resources nl

Ann: Appointment of Executive Director & CEO Samuel Smith, page-18

  1. 628 Posts.
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    Hi BRB holders.

    Whats the deal with the studies? As someone potentially interested in participating my capital into the business I am slightly put off by the studies schedule.

    Why not just go : scoping study --> PFS --> DFS?

    Instead we have "UG scoping"? Then "Phase 1 PFS"? and then into a "BFS"? Also 2-3 qrts from a PFS to a BFS? That's unheard of turn around time. Amazing.

    Will be doing my own research in time which may answer my questions but would nevertheless appreciate comments.

    EV is insanely cheap! $104mil mcap - $80mil cash = $24mil EV. Thats jaw dropping for 1.7g/t @ 1.7moz

    Screenshot below is from an older presentation btw.
    https://hotcopper.com.au/data/attachments/4935/4935960-71c05093832f8fe3e9a3a510036f2344.jpg
    Last edited by PetrStiff: 29/12/22
 
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