RE: FMG....it's easy to get ahead of oneself re: BRM at the moment, but FMG has approx 3X the number of shares on issue as BRM, has 2.4 billion tonnes of inferred fe....a whole lotta infrastructure to build & a big market cap (14.5 billion AUD) to justify.
A $10 Share price for BRM (assuming no dilution wld have BRM makret cap still under 900 million - are these numbers possible?...well look at MGX,MMX see their resource/market caps.....
Nice to play games with comparsisons, but in either event, I think we all agree about BRM's trajectory - up on a hopefullly steepening gradients. I think we're all glad we got onto this baby before she really takes off!
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RE: FMG....it's easy to get ahead of oneself re: BRM at the...
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