BRM brockman resources limited
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419mt 61% fe equiv - in situ: approx usd 80b

  1. phillip_k
    5,162 Posts.
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    09/06/11
    23:36
    Post #: 8522708
    This is the key metric.

    419mt of 61% hematite fe equivalent: in situ: approximately USD 80billion in gross revenue at current prices over a 20 year mine life.

    Now if Wah Nam can stop being greedy & unscrupulous (by the way I am still furious at ASIC), and BRM is able to try to recover market confidence...they might be able to turn this macabre circus into something resembling a mining operation.
    BRM Price at posting: $3.96 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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