BRB 0.00% 47.5¢ breaker resources nl

Ann: Lake Roe Gold Project Mineral Resource Update, page-53

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  1. 2,815 Posts.
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    BRB will not need CR for the coming months as we received 20M$ in between cash and shares in GL1. Plus we have materia additional cash milestone payment which could become handy in 2022. Plus we free carry 20% in Manna. Said that with hindsight it is easy to say it was not a good deal however if you consider the same asset at 100% was not valued from the market under BRB ownership it may lead to think that there is a lot of irrational and emotional behaviour towards lithium…think about PLS market cap or LTR and compare with MIN but so many example out there ! There will be a rotation at some point and it will be quick hopefully time for gold and BRB to shine is not far away
 
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