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30/08/17
12:33
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Originally posted by Undaunted
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The research reports in question have been published on BRB's website without any associated disclaimer or cautionary statement from BRB suggesting that they have been endorsed for public release by the company (not Patersons). I therefore struggle to understand the basis for this statement:
Breaker wishes to advise that the suggestion of a one million-ounce deposit at Lake Roe as stated
in the article did not originate with the Company and that the information would appear to be
based on Research Notes released by Patersons Securities, including those of 8 February 2016,
15 August 2016 and 8 September 2016. The Research Notes were prepared based on publicly
available information and the analysis and assessments contained therein are the views of the
authors of the Research Notes.
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The ASX might have been worried people would read the article and think Tom or BRB mentioned the number during the CR, which is absolutely not the case. Tom did get busted by the ASX last year for mentioning Lake Roe as a potential 5mill oz depoit. Without a JORC resource, you can't say much these days.