BRM 0.00% $2.53 brockman resources limited

no resistance, page-2

  1. 5,132 Posts.
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    I used to bag BRM management for not being quick enough on getting transport/off-take sorted. (To be fair to me I was only following the guidance they put out in these areas last year).

    However not is the time not to be precipitous in getting a deal done for a deal's sake. In one sense the intrinsic value of BRM will increase the more it is able to engineer itself to closer top production while remaining independent - that way the value stays with BRM shareholders. So yes, let's see some good news re: announcements, but let's not sell ourselves short by rushing into an arrangement - I'm particularly wary of BHP - they might just offer us minegate deal at a wholesale rates just to knock us out of the game. Strategically and tactically, BRM's future lies with an FMG alliance - it's worth it to spend the extra bucks to build that spurline to Cloudbreak to save us from the evil empire!


 
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