why is it so cheap, page-2

BRM is heavily discounted largely becuase 1. it has yet to finalise its transport arrangements 2. It has yet to finalise customers.

However, BRM has numerous options in both, and it is rightly taking its time in negotitating with potential infrastructure providers, and with potential customers.

It is not a question of "if" with BRM, but a question of "how". In this context there is daylight between BRM and most other I/O speccies. The market is probably not making a fair disticntion here at the moment, but it will revert to fair value at some stage.

It is these deviations from fair value that make BRM such an attractive investment at the moment. In the past, BRM has rewarded the patient...and it will continue to do so in the future.

When the market gets some concrete finality to 1. and 2. watcHout! But don't expect BRM to rush prematurely into any agreement purely to satisfy short term market sentiment, or just to add some "quick bucks" to its market cap.