Just over 3 weeks to go before yet another extension or failure by Wah Nam to convince BRM shareholders that they can move this forward and increase shareholder value.
Of course in my eyes that was always a joke. A Hong Kong limo company with a lousy mine in China knowing how to develop a high class resource such as the BRM prospects....ALL of them not just Marillana.
I'm also fearful that even if WNI can advance anything, they will not use local labour to develop a mine and everything associated with one.
One word...... Cash! If I wanted to be a WNI shareholder and expose myself to the 80+% of BRM that they currently hold, I'd buy them on market! No thanks.
BRM Price at posting:
$2.48 Sentiment: Buy Disclosure: Held
