BRM 0.00% $2.53 brockman resources limited

BRM remains one of the cheapest iron ore exposures in our...

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    BRM remains one of the cheapest iron ore exposures in our coverage universe trading at 7x FY10 and 4x FY12 earnings, and at an 89% discount to our DCF derived valuation of A$5.45/sh.
    Pattersons have just increased there target price just a little TOOT!
 
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Currently unlisted public company.

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