BRB 0.00% 47.5¢ breaker resources nl

I’m late to the party here but I like what I’m reading through…....

  1. 3,136 Posts.
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    I’m late to the party here but I like what I’m reading through…. in their recent announcements at least.

    I’ve been a long term lithium bull but I feel that mkt has peaked (in near term at least) so the timing of that Manna sale is spot on for me and shows some quality judgement from the board. It also means they are swimming in cash when interest rates are rising fast (sooo rare for a junior explorer)…. As someone said they could pretty much self fund their on going drilling from interest profit alone.
    Also RMS will be looking to turn their Rebecca deposit into their next mining hub and being only ~40k north puts BRB on their radar as a TO target to improve the economics of that project, and RMS have a history of this type of acquisition too.


 
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