Just last month Investec released an assessment of BRM valuing it at $6.28 with this caveat
" ... a US$100/t fines price lifting the risked NPV from
A$6.28 to A$18/share"
http://www.brockman.com.au/images/stories/pdf/brocker_reports/BRM_Investec2Q/'11_20110506.pdf
Wah Nam haven't taken the ore anywhere ... it's still there and waiting to be exploited.
Just last month Investec released an assessment of BRM valuing...
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