I sympathise with you BRM holders at the lack of proffesionalism displayed by management. It is very poor that your MD should come out and put on the public record that BRM will release a resource upgrade and not do it.
Also the timing of his wife selling shares could not have been worse.
But I think now that David Nixon has been appointed Non Executive Director you will see a tighter ship being run. Mr Nixon was Non Executive Director at Atlas Iron whilst they were creating history signing infrastructure sharing arrangements with FMG and an understanding of future usage of facilities belonging to Talison Minerals. He was also there whilst Atlas was developing their resources, both DSO and magnetite.
It is for this reason alone (the appointment of Mr Nixon) that I may now consider investing in BRM.
BRM holders can look foreward to a more proffesional performance from management in the future.
BRM Price at posting:
$1.22 Sentiment: LT Buy Disclosure: Not Held