BRB 0.00% 47.5¢ breaker resources nl

Ann: RIU Explorers Conference Presentation, page-13

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  1. 4,648 Posts.
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    Lol at all the research summarised today.
    On the last run up, BRB did a CR at 50c utilising 7.1 and 7.1a raising $12m+
    They have at least 2/3rds of that money left.
    They are also doing a drill for equity deal with Ausdrill issuing shares for some drilling at 90% of the five day VWAP. Some of the DD is co-funded by the WA EIS (exploration incentive scheme) up to $150,000 (BRB putting in a similar amount)
    Tom has suggested that he doesn't want to dilute again.
    Tom also owns ~18% of the company.
    Hope that helps.
    Last edited by perdant: 22/02/17
 
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