BRB breaker resources nl

i agree with Anton's comments. Whilst frustrating in the short...

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    i agree with Anton's comments.

    Whilst frustrating in the short term (particularly as I have a quite large exposure to BRB), I was pleased to see the COO appointment and his obvious expertise in mine development as this signaled a clear intent to move this project forward in the next period.

    I think as Mr Market starts to pick up on this (and inevitably, that will be announcement and progress driven), then we will start to see movement as the Lake Roe asset moves from an interesting but otherwise orphan asset to one that can start producing cashflow and to which a valuation can be ascribed.

    I am quite happy to stick in here as there is negligible downside risk from here due to the underlying values of GL1 + 20% Manna with gold assets thrown in for almost free (very rare to have a stock that you can say that about..!!), but the upside potential is substantial as they move this forward.
 
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