BRM 0.00% $2.53 brockman resources limited

detritals, page-23

  1. 2,739 Posts.
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    JEZL

    The point is RIO and BHP are happy with the price they are getting for their inferior detrital that needs 3 or 4 stages of beneficiation.

    BRM's detrital is only going to need one stage of beneficiation and it will upgrade to around 60%Fe.

    The beneficiated detrital will fetch higher price than the 56MT of DSO that this project is onlt being valued by the market on.
 
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