I'm looking seriously at Braziron (BZL) which lists on Thur. They have just raised $15m which was snapped up by HK institutions. Diggers and Dealers 2009 trader trader of the year Ken Talbot was an investor. ENRC have just paid $2.30/ton for Bahia which is next door to one of Braziron's projects (Xstrata offer to SPH 43c/ton). They are looking at announcing their first resource within months. Lots of other positives like access and quick startup mine.
SPH Price at posting:
$2.95 Sentiment: None Disclosure: Held