all talk and stuff all for shareholders, page-2

In recent years the price of copper, nickel, and gold have been sky high.

Yet ordinary shareholders in BRW have seen their share value drop from a short high of over 80cents to just over 3cents.

This company has a profit-sharing interest in the refurbished, and producing Eloise copper mine near Cloncurry. Some sort of complex interest.

Their historic Spargos gold mine near Kambalda is moth-balled - while gold is priced over $1600/oz.

They have leases on ship loads of proven quality nickel not too far from the huge Ravensthorpe processing center. Have had them for years.

The major sharholders are the huge Russian Norlisk Nickel at around 29%, and FMR.
FMR owns the Eloise mine, which is in the middle of BRW's lease.

In 2007 the MD received renumeration of $616,358;
In 2008 - $553,568. 2010 - $254,040; 2011 - $269,436.

It seems that they will need a new capital raising soon - to pay for mooring fees.
The ordinary shareholders won't need to worry about mooring fees.