sub $1 but holding up tight, page-27

BRM is often green on red days and visa versa. On my Fe watchilst only BCI and BRM are green.

Whilst the project is still a long way off, we have to remember the enormous discount already applied to the SP. BRM is trading at an EV of only $33M which still ranks the project as having a very low chance of success. When you consider that there are 19 other tenements in addition to Marillana it still represents a good potential acquisition propsect for a larger player even if Marillana is not so attractive to them.