BRM 0.00% $2.53 brockman resources limited

150k per week

  1. 9,438 Posts.
    BRM has around $105M in cash that was lodged in term deposits at the peak of the interest rate cycle.

    Let's be conservative and say that BRM got 8% (I think 8.7% was around the peak)

    Hence, BRM currently earns around $8M a year in interest or more than $150,000 per week. I'm not sure that there are many junior producers that are achieving this at the moment.

    Surely $150k per week is enough to service the needs of half a dozen staff and a handful of contractors?
 
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