BRB 0.00% 47.5¢ breaker resources nl

yea no need to nurse this position..as CW said, put it in the...

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  1. 1,512 Posts.
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    yea no need to nurse this position..

    as CW said, put it in the bottom shelf - however reading the recent announcements twice,

    it looks like brb wants and will provide regular updates.

    drill results and stuff. Maybe purchase of shovels

    also hope Peter and team can secure good and cheap second hand equipment to bring down the capital required, however I really think the stars align well and the 20 % stake in Manna will be more valuable at the end of this year together with our shopping for equipment, so another CR would be “smaller” than we might think, so I would perhaps even sell the 20% stake for the cost of our open pit mine equipment + 10M ( to get the dividends machine slowly kicking ) this way share price will fly for a CR so less dilution for long term holders.

    alternatively , we can also keep 20% and get extra fat ( dividends ) paid from manna long term, also nice to have.

    so patients is the key, but love the way things go and got my long term share parcel well and truly packed

    no investment advise

 
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