emerging producers with cash are the lucky ones atm. time to get set for the eventual rebound. although, even at US$60 per tonne, the economics of this project still stack up.
Agree though that if you are not in, then you have some time on your side. there is no burning need to get in "today", but equally no need to cut and run if you have a medium / long term outlook.
sentiment will rule for a while longer yet. As buffett says, the market can remain irrational for longer than individuals can remain solvent!
BRM Price at posting:
58.0¢ Sentiment: LT Buy Disclosure: Held
