BRB 0.00% 47.5¢ breaker resources nl

Ann: RMS: Breaker Resources NL Takeover Update, page-82

  1. 38,341 Posts.
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    I'm not sure quite what point you're getting at but the path forward from here will be a JV with RMS I presume on the two orebodies - eventually !

    Initially RMS has control of BRB and will progress Lake Roe .exploration with the BRB cash .

    At some point when actual development occurs I forsee the RMS controlled BRB diluting interest in a JV with RMS as RMS prvides the funding .
    So yes , there will be dilution at the point of time of development .

    You say still early days .... what a strange comment when RMS already has control and the offer closes in less than two weeks .
    RMS have said there'll be no better offer ...if there WAS a better offer from RMS then all who have signed up laready would get it .

    Be warned ... the SP will drop when the offer expires ....you can hold me to that , have seen it several times before .
    I find your post misleading .


 
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