Judging from past pattern, these prix will toy around with the sp for another week and get pretty serious come the week starting the 22nd. They are panicking as they felt compelled to specifically mention that it was challenged by the PHA. Ostensibly, it was the NWIO that appeared to be challanged, but Mr Luk and the BRM board knows that BRM is the real one in the cross hair.
The Port Headland Authourity may soon be in the process of removing "Brockman Resources" from all references in documents to NWIO in preparation for AGO/FRS to absorb the BRM port allocations.
Post allocations at Port Headland is as precious as gold to all the big boys and are not to be hogged by useless Chinese limo operators who haven't got a clue that they may be about to be Shanghai'ed by Australian authorities.
Think ASIC and FIRB gave you the green light so easily ??
It is at Port Headland that they will cut your balls off !
And you are giving them every excuse by your take over antics.
Pathetic !
BRM Price at posting:
$2.46 Sentiment: Buy Disclosure: Held