Agree 426stevo-is exciting.They predicted the grades continue at depth-and they are right-and likely to go substantially deeper-it happens in these parts of WA!!
There is a lot of 'negative noise' on this stock.
In terms of cap raising-they raised 8 mill in November last year-at a premium,not a discount. I'd take a 'rinse and repeat' of that!
In terms of resource upgrades-yep-they delayed-to drill for a full year!They have been drilling for a long time-still haven't found the limits of deposits-remarkable in my eyes. Indeed they are now ready to drill in a new area-Kopai-fingers crossed-their track record of discovery has been excellent.
They keep drilling-they keep finding.Sentiment isn't great;for mine-the drill bit will fix that.This project is very substantial already.
There will be increasing M and A activity in the gold space-BRB will be highly sought after in my view.Having said that-we have backing already from a world renowned fund.I am pretty sure there are other eyes on BRB....
BRB Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
