Ann: Breaker to ramp up Resource drilling after $8m placement, page-9

Some might have been hoping for a JV with another significant Australian gold miner and maybe that's why the share price retreated due to some selling off.

This result is so much better though in my opinion. To have Electrum even notice a minnow like BRB, let alone invest $8M in BRB and take an almost 10% stake in the company is a huge vote of confidence for BRB and the Lake Roe project. Electrum are involved with some of the biggest gold projects in the world, so for BRB to have them on board is a huge tick of approval. Not only are Electrum on board but they also paid a premium of $0.35/share.

BRB are about to start drilling again next week. I don't think the share price will remain below $0.35 for long.

Looking forward to more drilling and seeing the current resource grow much larger.