Cheers Greg
You are right in that the sentiments didn't really make any sense given that the DFS is already fully funded.
Unfortunately a retraction today will be like a snowflake at a BBQ. Still the silver lining for WR and is that the EGM will be issuing him a swag of oppies next week at the 30 day VWAP ending yesterday.
We have been through this before, BRM sank to 40c during the last GFC and grew 10 fold after that. BRM has the cash to survive both the Eurpoean storm and the KFC.
Gillard is already starting to "bend" on this horrific tax, and it appears that Rudd has been bound and gagged. The other positive is that Rudd in blow-torching the dollar has actually helped the economics the BRM.
Batton down and ride it out if you can.
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