BRM brockman resources limited

easy way to get cheap ago shares

  1. 10,494 Posts.
    The more I think about it the more convinced that AGO will soon launch a bid for BRM. Seems like BRM's fate was sealed the moment the FRS double crossed WN. WN's disposal of AGO shares is another clue that they just wants the cash and quit.

    (I think a 1:1 AGO:BRM may get Wah Nam over the line).

    Here are the reasons:

    1) AGO wants to buy out BRM for the South West Creek Port allocations + the BRM DSO deposits.

    2) AGO needs a rail solution for their SE Pilbara deposits but needs BRM for the economy of scale.

    3) AGO knows the best outcome is to build a section of rail for the FRS, WRK mines to links up with FMG rail (together a spur line from BRM).

    4) Both AGO and Wah Nam knows FMG will never do a deal with Chinese Commies using a limo operator as a front.

    5) BRM is useless to Wah Nam as these grand prix have neither the know how or resources to develop Marillana.

    6) Wah Nam's only exit is to be bought out by someone else. The only logical and possible suitor is AGO.
 
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