BRM brockman resources limited

I was just rereading that particular announcement, the last...

  1. 2,019 Posts.
    I was just rereading that particular announcement, the last paragrahp states

    "Brockman last week announced an upgraded JORC Code compliant resource for the Marillana Project totalling 1.1 Billion tonnes of haematite mineralisation"

    Key words "JORC Code COMPLIANT" 1.1 billion tonnes

    Does this mean what i think it means, 1.1 billion in a JORC??

    Why are we still valued under $200 with it JORC, why dont we now have a market cap of $1 billion, SP about $11 bucks with such a resource thats JORC????

 
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