BRB 0.00% 47.5¢ breaker resources nl

My only complaint, is that they are still drilling so deep. They...

  1. 11,845 Posts.
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    My only complaint, is that they are still drilling so deep. They have already proven that this deposit goes well past 500m. Bang for you buck, RC is far cheaper that DD. Lots of solid results, lots of area's for expansion. All required to move this deposit into the next category of becoming a 200kpa+ project. Just the main pit alone looks like it will span over 5.5kms. I think they are aiming for at least 1.5m ounces in reserves before developing. 7 year mine life, 200kp.a (big plant mine you, but... still nothing like GOR).

    Unlike the last time BRB did a major upgrade to their resource (April), the market does give a hoot. So for me, the downside is basically removed.
 
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