BRR presentation out.http://www.brr.com.au/event/47621Defiantely...

BRR presentation out.

http://www.brr.com.au/event/47621

Defiantely they were not expecting this style of mineralisation to this depth - ended in mineralisation due to drilling problems. Much more complex and very much larger system than they were expecting. So very postive in the medium term! In the short term it's probably confused holders expecting near surface high grade copper so tehre are some sellers today. Next hole to be drilled 600-1000 metres to try and understand system better.

Also I think annoucnmetn was confusingly written so some people may not be clear the whole drill hole was mineralised. I misuderstood this at first and so did a geo I got to read this announcement

Early indications are they will need a lot of drilling and it could be a much larger system so extends very deep from surface so could be of interest in terms of takeover by a large player.

I sold a few btu still have reasonabel sized core holding. Sold due to run up bin price beforehand then lack of follow through today and decreases of ratio of buyers to sellers. Will look to buy back in between annoucements.

Cheers
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