Australia's largest stock trading and investment forum Australia's #1 stock forum

BRB

Click for more information

0.00%

47.5¢ breaker resources nl

Ann: Manna Opens Up, page-98

First 98 Last

Share
Profile

Follow
timjames109

752 Posts.

189

28/11/21

11:09

Post #: 57912708
Share

Originally posted by HaastsEagle: ↑

Your thought processes about what is good here parallel mine. But I am a bit fixated by the growing shortages and inflationary environment in closed WA.

Thus notwithstanding BRB is my flagship I have taken an interest in MZZ which shares many characteristics . Tier 1 jurisdiction (Canada), 837k oz at 2g/t. 95% within 200m of surface and an experienced team including a chair who developed GOR along with one of his sidekicks, and past president of Oceana. Heaps of drilling potential and virgin territory.

The big thing though that intrigued me was that they have a unique regime over there which allows tax advantages to accrue when investors are responding to a capital raise which means they come in at a premium to market price. Dont really understand it but it avoids the discussions we are currently having around BRB.

MZZ has $17M cash. And is well off recent highs.

Bit of diversification if folks are interested.....

Expand

Makes sense & sensible strategy. Spreading your risk.

BRB still have room to run but those that have similar characteristics to BRB that have not run yet or that have pulled back have more room to run

BRB Price at posting: 34.5¢ Sentiment: Buy Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

There are more pages in this discussion • 59 more messages in this thread...

First 98 Last

Add BRB (ASX) to my watchlist