Australia's largest stock trading and investment forum Australia's #1 stock forum

BRB

Click for more information

0.00%

47.5¢ breaker resources nl

Any thoughts on why professional analysts (with this same...

First 56 Last

Share
Profile

Follow
Legman

2,188 Posts.

342

13/01/22

00:38

Post #: 58820627
Share

Originally posted by flashgrains: ↑

Hi CountryWriter

I’ve copied this extract from your post of 8 Jan on the Becoming a substantial holder…thread:

“The UG is vastly bigger than 500koz Au.”

After this comment of yours, I went back and had a closer look at the UG drilling. As the Resource Update states, most of the deep holes have been spaced 80m apart (N to S).

However, unlike the Bombora OP section of the Resource, there has been relatively little W to E drilling along these 80m lines, especially at the Northern and Southern ends of Bombora.

I’m no Geo, but basic maths suggests to me that if further deep drilling along these W to E lines yields similar results, there could, as you hypothesise, be substantial increases to the UG Resource estimate.

Expand

Any thoughts on why professional analysts (with this same information) have not lined up to promote BRB as a takeover target?

Last edited by Legman: 13/01/22

BRB Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

CC9

Chariot Corp unveils plans for Black Mountain "pilot mine" in Wyoming, US; shares jump +20%

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

FFM

Firefly positioned for copper growth in Canada ahead of resource update

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

There are more pages in this discussion • 64 more messages in this thread...

First 56 Last

Add BRB (ASX) to my watchlist