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5,144 Posts.
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12/05/08
18:32
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Lovely summary - what more do you want from an I/O speccy?
Strategic Advantages of BRM
Three “L’s”–Location, Lithology and Logistics
Future Projects located near or immediately adjacent to well established Infrastructure –i.e. rail and port
Potential to significantly expand BRM’s Resource and Project base -Duck Creek
Pre-Feasibility Study to encompass Detrital resource in Study Economics
Iron ore price increases of 65-71% (potentially 85% -including Pilbara freight differential)
Nickel/cobalt and copper /gold Project opportunities with Portfolio
Tight share registry
Experienced and dedicated Board and Management Team
Significantly under-valued Project with one of lowest Enterprise Value EV/Resource tonne –in Iron Ore Sector
Oh yeah, one more thing, despite what has been thrown around here by some posters: Exec. Summary slide 3 says:
"Metallurgical test work has confirmed the upgradeability of the “detrital”ore at Marillana to a + 59.5% Fe Product"
Game almost over.
This will really fly soon
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