Wow Norilsk were quick to unload 19.9% of their 24.8% holding of BRW. MEP will no doubt be happy.
I for one will by holding on to my BRW shares as long as I can - are people forgetting that Sandfire are still drilling on our tenements in Queensland? Dont we owe it to our investment to hang on for as long as we can to see what results Sandfire produce? It could be a game changer!
A 10 for one deal is locked in with MEP, but if drilling produces good results it can only mean positive things. Just imagine if Sandfire start a bidding war... Norilsk will be feeling rather sheepish.
BRW Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
