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47.5¢ breaker resources nl

Ann: Ramelius Makes Recommended Takeover Offer for Breaker, page-102

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unitfree2

890 Posts.

127

21/03/23

11:24

Post #: 66875512
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Originally posted by tangs: ↑

too simplistic
Lake Rebecca is a reasonably straight forward pit ....I can see a pit in the heart of Lake Roe but the bulk of it isn't that good for open cut

those two large holders I'm sure would've got EXPERT opinion before accepting .

there are some attractive features of BRB but ultimately it is riskier than Lake Rebecca at lower GP (and higher costs ) and RMS are cautious .
make up your own mind but at least be realistic about the deposit

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BRB clearly has great prospective ground and what else is out there?, MANNA surely showed us that.This is just a opportunistic transaction by RMS trying to get us too cheap. This is a low ball by RMS and fair enough, plenty more to play out yet.

Gold price looks the bullish it has for a long time.

Last edited by unitfree2: 21/03/23

BRB Price at posting: 37.5¢ Sentiment: Hold Disclosure: Held
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