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It will be drill results and it will be "ore Charactisation"...

  1. 8,880 Posts.
    It will be drill results and it will be "ore Charactisation" study results but neither is sufficient for a halt alone IMHO, perhaps it will include one of the following.
    1.A cap raising it is a possibility, however it will be an issue which will include holders.
    2. A JV with BHP is likely for mining the boundary area, with BRM doing all the work and access to rail as part of the deal.
    3. A disposal of an existing asset is also a posssibility.
    4. An MOU takeoff agreement is unlikely without transpost arrangements being finalised, but possible.

    My guess 2.
 
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