BRM 0.00% $2.53 brockman resources limited

australian article, page-5

  1. 174 Posts.
    The comparisons with FMG made by Hevlet and Shueym certainly show that BRM is way undervalued and that by the time the project is de-risked (rail locked away and mine construction started) we should see a share price that compares far more favourably with FMG.

    Another interesting point is that these comparisons with FMG are based solely on production at Marillana of 17-20 million tons per year. With the West Pilbara tenements and possible futher development of Marillana, we might eventually see production approaching FMG's current level of 40 million tons.
 
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