RE: Bargain?3 Apr 2025 12:55
@LW, I know you're absolutely itching to get stuck into acquiring a decent sized position in BRES, otherwise you wouldn't spend all this time replying to other posters to defend your rather negative stance (today).
So here's a suggestion. Why not take a toehold position down here, valuing BRES at a mere Β£10mn for what should become a Tier 1 global resource/reserve at lowest quartile of costs/ton, and wait for your big placing and/or DFS delay, if either happens.
That way, you have an equity interest in progress/success by MR, because if a fully financed to production deal comes along before or just after the DFS, you will be left behind in the exhaust fumes as this new kid on the block outside of China gets real traction and acknowledgement by US and UK investors alike.
Just a thought.....which I have implemented.