Thanks for that Gringo - it really underscores how tight fisted the market is being with BRM - giving substantial discounts on the detritals & infrastructure. If & when market does re-rate it will be one big explosion. We have to trust WR's statments on benefication - I think it's more a case on analysts not being used to valuing a detrital-based resource; they seem more used to CID base.
Increasing our CID would be nice, but fundamentally the market has to see value in the detrital - making the foundation sales from the detrital is the only way to force the market to re-assess I think.
However the explosive potential upside in BRM has not gone unnoticed - Southern Cross Equities are on of the better boutique brokers of substance you want to get a tick from.
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