I hope the new MD didn't have anything to do with the overall strategy of Bass Metals. Have a read on hot copper. Mkt cap of $4m and a mountain of debt.
$275k per annum salary. BHP not continueing with Altia. What freaking prospects does this company have?
Such a pity that Eloise is still not giving anything back to BRW? I would love to get more information on this.
I would love to know why it was provided to FMR i the first place? I notice that FMR ar 6% shareholders of BRW and have a common director in Jonathan Young (appointed to FMR in 1996).
At least when they start earning they won't be paying much tax with aroun $90m iof accumulated losses. This company appears to service directors at the expense of shareholders.
BRW Price at posting:
2.3¢ Sentiment: None Disclosure: Held