BRM brockman resources limited
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could vale purchase blocking stake, page-8

  1. GoNuke
    8,956 Posts.
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    27/02/12
    17:23
    Post #: 9758019
    Actually, when you compare the 2 - Sphere Investments and Brockman Resources...

    Some differences of course but Sphere did have a Mineral Resource of 2.3 billion tonnes magnetite. Close to rail and port and Xstrata offered a 94% premium to secure them. They picked it up for $514Mil.

    Stop being so tight Wah Nam.

    Trying to get Brockman for what...just over $300 million?



    BRM Price at posting: $2.51 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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