BRM brockman resources limited

Standard procedure for these guys. I'm clearly on their 'do not...

  1. 9,439 Posts.
    Standard procedure for these guys. I'm clearly on their 'do not call list'. I pity the poor guy at the end of the phone should I reappear on it.

    Intresting article here... and I don't recall BRM annnouncing any JV with AGO. Funny how all the value attributed to Atlas is due to their port allocation, yet BRM's valuation gave it $0.

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    http://www.businessweek.com/news/2012-04-18/atlas-iron-speculation-grows-with-australia-port-needs-real-m-and-a

    Spare Capacity

    An acquisition of Atlas would give a buyer an immediate 10 million tons of unused capacity, the biggest such space available at Port Hedland, according to Peter Arden, a resources analyst at Ord Minnett in Melbourne. He said Atlas could fetch A$4 a share in a takeover.

    In addition, Atlas has the ability to boost its capacity to 46.5 million tons through the South West Creek project being developed in a joint venture with Brockman Resources Ltd. (BRM), at an estimated cost of A$2.5 billion, according to a Feb. 29 presentation to investors.
 
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