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.
BRB Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held