BRM brockman resources limited

Nice little exert from Patto's latest coverage"Investment in BRM...

  1. 9,439 Posts.
    Nice little exert from Patto's latest coverage

    "Investment in BRM is a binary proposition premised on it securing access to long-term rail and port infrastructure however should it succeed, it is cheap (1.5x FY14 EV/EBITDA, <5x PER, <5x PFCF) and there are numerous catalysts looming in 2H CY10 which will clarify the investment. BUY maintained, price target A$4.59/sh"

    Looks like we are all betting on "black".
 
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