BRM
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0.00% $2.53 brockman resources limited

Arrowhead Business and Investment decisions released their...

  1. ant1
    217 Posts.
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    14/02/10
    12:55
    Post #: 6328459
    Arrowhead Business and Investment decisions released their valuation of BRM 3 days ago on the 11th Feb 2010.

    Fair share value bracket: AUS$5.04 to AUS$25.21

    http://www.brockman.com.au/documents/BROCKMANRESOURCES-ABIDreport-11Feb10.pdf

    If my link doesnt work, go to the Investor relations section of the Brockman Resources website and look in broker reports!

    A very interesting read. Why would anyone choose to sell now. The project risks are slowly diminishing, IO at record levels of demand, prices significantly increasing, the Chinese wanting to quash the big 3s monopoly of the IO market. So much ST and LT upside for this stock.
    BRM Price at posting: $2.96 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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