current price movement, page-61

Yesterday when someone swooped on 90,000 up to $3.75, it gave me confidence that the instos see value in BRM. Today's pattern probably continues to support this.

Now with the DFS finalised and the the beneficiation and sintering results also finalised, BRM now has something to start presenting in roadshows to potential investors. If there was a railway MOU agreement, well ....

It will be interesting if BRM are able to increase the resource beyond the 419 million tonnes. It looks like they're confident that the northern boundary of the current resource holds another 200 odd million tonnes detrital ore, although it probably will end up being about 80million post beneficiation. They haven't included the pisolite, which requires further testing, which may also result in a significant increase in resource. There's potential for Marillana to become significantly more profitable than what it is now. Here's to hoping!