BCK
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0.00% 1.8¢ brockman mining limited

  1. gringokonyo
    1,104 Posts.
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    22/12/20
    14:54
    Post #: 49757964
    I'm pretty sure they'll want to mine it as 202MT (BCK share) of 60% grade @ a conservative $100 AUD per tonne earnings is worth plenty more than selling the tenement for a reduced in situ price. The chairman and major shareholder owns iron ore bulk carriers so he's got some interest in seeing it proceed to production. BCK still has opthalmia with 340MT and 59% grade which isn't part of this deal with Min Resources which they also want to start mining once Marillana has started earning income.
    BCK Price at posting: 5.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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