in the paper, page-11

thats right Mozart, never believe a brokers valuation over your own research.

I remember with MTN were $6 odd and a broker initiated coverage with a $8 odd target. I think you can all guess what happened!

With BRM however, there are a couple (one particular) major box to tick in transport and then we are good to go I think.

Anyway, my valuation on BRM is well north of Patto's so I am happy to see $5.45 cleared as an interim target. Just need ever increasing successes and the derisking will continue which is good news for the share price.