|
Brockman Resources Ltd (BRM.ASX)
Brockman Resources’ (BRM) Marillana project in W.A. contains 1.4b tonnes of iron ore. BRM has ~$100m in cash, no debt and a Mkt. Cap. of ~ $160m. Despite the infrastructure hurdles, we don’t believe the current share price reflects the current progress of the project.
We have a BUY on BRM. PT $3.20/sh.
For further information or to obtain this Talking Point, please contact Kevin Curran +612 9993 8167.
|
To view our daily commentary and trading ideas please click here. If you would like to receive our Talking Points when they are first released, please contact us.

To obtain further information on our recent
research report click on the link below. To receive a full
copy of these or any other FSB research reports please contact
an adviser on
+61-2 9221 8700.
MORE
|