BRB 0.00% 47.5¢ breaker resources nl

Ann: High-grade gold results show Northern Flats continuity, page-27

  1. 11,723 Posts.
    lightbulb Created with Sketch. 6167
    I have filled my boots in recent weeks.
    BRB has put up the for sale sign with the selling off of their Lithium assets. Anyone that followed/held AOP, know the playbook and the buyer.... RMS.
    Once RMS have Breaker, they will build a new plant at Rebecca, for a baseload of 8-10 years, then truck higher grade ore from Bom to the plant. Plant will produce perhaps 150k at low AISC. Only a question of when RMS want to make their move. Things like this usually take longer than I think but I am fairly confident about the outcome.
    Cash gives the company a very low risk downside, with substantial upside, like AOP did.... premium was very substantial, even though a second bidder helped that happen.

    Good luck to all holders.
 
watchlist Created with Sketch. Add BRB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.