"For the extra resource of 300mt at todays contract pricing he actually increased the inground value by a staggering $27B!!!"
Incredible!
This makes a total potential revenue from the resource of $88 billion (980mt x $90).
Now - what is the NPV on the profits from that over, say, 30 years AND how does that compare with the current market capitalisation of BRM?
I suspect that BRM might slightly undervalued!!!!!
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Nick Poll, Executive Director
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Executive Director
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