"Lazard has been appointed to assist with the sale of the mine and interested parties should contact Mr. Andrew Leyden on 03 96578426."
So phone the number and you can buy a copper mine....
BRW owns 30% net profit (so does not foot the bill for the capex to the mine back into production) and all the exploration ground around Eloise which probably detracts some enthusiam to buy just FMR's interest. Possible that one party will buy both interests or FMR and BRW could be convinced to combine interests into a new IPO.
Either way, alot of sunk capital so the price needs to right for FMR and BRW but with plus +$3.5 copper and falling stockpiles should greese some wheels here.
BRW Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
