We are expecting two significant announcements to come by the end of this month - the upgraded Marillana resource statement plus results of beneficiation testing.
I had said a couple of days ago that I was looking forward to BRM breaking the $1.20 level next before the announcements come out, but I wasn't expecting a quick move today.
It's possible that someone has reason to believe that;
a. the announcements will be bigger and better than expected, or b. the announcements will be earlier than the end of the month, or c. there is something else entirely to be announced.
Alternatively, our accumulator is back for another feed.
BRM Price at posting:
$1.06 Sentiment: Hold Disclosure: Held