The volume of late speaks for itself. Obviously Sandfire coming onboard as a major shareholder has sparked alot of interest. Also the new management has worked hard to return capital back to the company by divesting non performing assets and now concentrating on the Queensland Eloise copper/gold/silver land holding. Checkout this highly prospective land holding and some of the great results to date. Sandfire investing in this company is a testament of the future potential of this company. Also Sandfire is financing further drilling on the Altia project which is only 3% of BRW's Queensland land holding being a total of 510 sqkm.
BRW was a steal in the sub 2c level and I believe is still cheap at current prices considering a maiden jorc compliant resource estimate for copper/gold will be available soon.
BRW Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held