BRW 0.00% 1.2¢ breakaway resources limited

eloise coppermine re-opened, page-9

  1. 1,005 Posts.
    lightbulb Created with Sketch. 52
    just to remind you all that both FMR and BRw had spent millions of dollars on that mine prior to the closing of it
    it was done to produce a lot more copper than what they were taking out before the GFC
    it also rectified all those problems
    i believe they spent over 20 or 30 million dollars.BRW spent almost 10 or 15 million if i am correct so i would think FMR has spent a lot more than that
    i am sure the mine is a lot better now and better conditions through out
    prior to that mine closing down, it was anticipated that BRW was to get payments in the excess of 40 million over 4 years
    the price of copper is now higher and also because of the money spent on the mine, production should be a lot more in the year
    i agree that the sp will gradually increase during the year
 
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