BRM brockman resources limited

biggest fall in asx ??, page-8

  1. 3,287 Posts.
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    I'll report one of Mozart's prior posts:

    "Easily the best quarterly they have ever done. Outstanding results all-round. The improvements in stripping ratios are going to have a dramatic impact on the operating margins.

    Combined with a higher Fe price the assumptions in the PFS are going to be easily eclipsed. I'm predicting an increase in NPV of 40%+ The brokers need to redo their numbers because if rail is going to be resolved (and you would think that Sinosteel could be instrumental in that) you could be looking at an instant 5 fold increase in the SP Greece or no-Greece :)"

    Fundamentally, none of the above has ever been factored into the share price.

    They were, and still are, great undervalued. After today, they are even further undervalued.

    Ignore what happened today & look to 6 months, 12 months or even 18 months down the track. It will be a completely different story.

    Now, I am off to the pub to celebrate my newly acquired shares! :)
 
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