I doubt whether FMG would be targetting companies with low grade ore like BRM...a week can be a long time in such a market like we are experiencing now somewhat like those comments from the paper....i would think that FMG would be more concerned over their own liquidity....
When a couple of people on the FMS thread projected FMS would hit 1.50 most people laughed at them...now look whats happening...they also seem to be starting to mirror the trends of a couple of recent high profile company collapses...
As time has gone by the SP has continued to slowly but surely fall and test new lows....I dont expect things to change in the short term....a SP in the 30 cents range is not to far away....imo....
BRM Price at posting:
47.0¢ Sentiment: Sell Disclosure: Not Held
