Will BRM go to $50, anything is possible and FMG certain has proved that, will we get there probably not but half way would be just great.
BRM does have about 6 or 7 other VERY VERY large targets to test, we have acheived well over 43 million tonnes in the NW sector alone, this dosnt include rockhole bore or any of the untested targets, there is no reason at all why BRM could not prove up 200 or 300 million tonnes, we have the target's and we are of to a very good start, the key is obviously rail access, if we are granted this key, there is no reason why BRM cant have a 10 million tonne P/A operation, generating revenues between $600 and $800 million P/A.
The potential is there for BRM to carry a $20 SP, we just need to sit and wait for things to develop, one day at a time, Wayne Richrads has done more with BRM in 4 or 5 months than i have seen other companys do in 2 years, it all comes down to experienced capable management and BRM certainly is not lacking in this department, hence the reason i have put the second house on BRM.
This trading halt has me stumped as to whats coming, the market is starving for a good iron ore story, if BRM do come out with an agreement with a major, people, traders, insto's will be climbing all over BRM like never seen before, there is just one problem and thats when there is great demand for BRM shares it goes up in a straight line.
Just another 24 hrs to go, hopefully these silly Yanks can keep it together for one more night.
YML
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