BRM
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0.00% $2.53 brockman resources limited

I agree with most of your comments adam.s but I think the 1bt is...

  1. ant1
    217 Posts.
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    19/04/10
    22:41
    Post #: 6592724
    I agree with most of your comments adam.s but I think the 1bt is misleading now.

    The company states theres 1.53bt of upgradeable resource at an ave.42.4% fe plant feed with mass recovery levels of only 36-39%. That is only 600mt + the 100mt of DSO.

    Im certainly not trying to get technical here but realistically BRM have 700mt of DSO equivalent product.

    Still an impressive 20 - 40 yr project!

    BRM Price at posting: $3.76 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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