BRB 0.00% 47.5¢ breaker resources nl

Undervalued 1 MOZ Gold JORC, $20 million in Cash, page-2

  1. 2,009 Posts.
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    Given the current MC and growth potential in existing 1 moz resource a TO bid for BRB seems very plausible.

    There's been a number of ASX Goldies which have been bought out or had TO bids by big players recently : CDV, ARS and AME just to name a few.

    Considering the significant groundwork undertaken through 255,000 meters of resource drilling and exploration, cash balance of + $20 million post placement, it won't surprise me if low ball TO bids for control of BRB occur over the coming months.

    All IMO of coarse.
 
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