BRM 0.00% $2.53 brockman resources limited

dma 400m tonnes compared to brockman, page-2

  1. 9,438 Posts.
    Yeah I read the announcement and they were very quick to point out that this was another potential Marillana type project, albeit on a much smaller scale. Long way to go though between discovering pisolite and detritals, and then convincing the market you have something worthwhile.

    Still if DMA can turn their 400MT into say 250MT of 58% equivalent @ the 16c/tonne BRM is valued at then they have a potential market cap of $40M ... but worth remembering that BRM are "years ahead" in terms of development.

 
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