more interestingly, with a bit of long term thinking, the reality is that IF GL1 will have to execute those milestone payments to BRB it will imply that Manna is big hence those shares in GL1 and Manna itself it is worth a lot more. For example looking at CXO and LTR valuations I will be not surprised if they are x10 bags at some point in time. Obviously in this scenario BRB can develop its mine and processing plant with no need to raise cash or project financing! this have got the attributes to be a life changing investment
BRB Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held