http://clients.westminster-digital.co.uk/minesite/microsite/events/50/video/index.aspx?companyId=50_1
=">http://www.proactiveinvestors.co.uk/pdf/brr.pdf
http://www.mineweb.com/mineweb/view/mineweb/en/page35?oid=39359&sn=Detail
www.braemoreresources.com
http://www.investegate.co.uk/Article.aspx?id=200711010702217873G



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http://www.resourceinvestor.com/pebble.asp?relid=38513
http://www.proactiveinvestors.co.uk/articles/art.php?BRR2
cyril

I cut my losses a while back but I'm now getting interested again. The technology hasn't changed and it only needs a big miner to get more involved for the sp to rise again. The CEO could well have been too bullish in his announcements as he left after falling out with the board--so it's said on the other side.

Also worth noting that the temps running the co. were the previous people in charge so they are not novices.

I suggest rereading some of the articles in the lead post, 96% nickel from the tailings also producing Platinium so plenty of progress to justify a higher SP. A bit of news and we're off again,i'm happy to wait it out and "if" we do drop further will add to my holdings.
cyril

I would have thought they need to raise a massive amount of funds to progress both the platinum project and the Nickel project, tricky for a small cap to do at the best of times, but right now?
That could lead BRR to be a take-out target, but with Atomaer holding a controlling stake, that option is dead in the water.
Tricky to see where they go from here, lot of potential but not the wherewithall to do much about that potential. They need a partner with deep pockets, imo.

BHP are a potential partner in OZ.

Check out the mineweb article in the header, ref to monies and listing on the Johannesberg S/Exchange.
However we don't have to raise money at the moment, as we have projects that attract people automatically.
cyril

read the article, thanks, noc
this bit caught my eye

'Russell said the commercialised Mintek technology used in the new smelters would cut capital and operating costs significantly and improve PGM recovery. A 10MW smelter requires investment of $80m'

So they need 40m, which seems a tall order right now?
Not sure how having 'projects that attract people automatically' helps on the finances, unless they come with wheelbarrows full of the folding stuff?!

Thought they are using somebody elses furnace at the moment?

they are using Mintek's pilot scale furnace at the mo, halifax, as far as I am aware.

No they have exclusive rights to Con-Roast, but its there own furnace which is stuated in a residental area with no problems, hence the green label.
N/Lob the idea is for those who wish to take advantage of the system once
up and running,is to put up finance in order to reserve an option.
Look i've put in the header as much info as possible, in fact 7 sites which help build up the potental of this company.
I see we're recovering some of our lost ground, back up to 9.5p.
cyril

noc, its not BRR's own furnace, but one that is leased from Mintek
from the recent results statement:

'Braemore commenced PGM production in October having secured a lease over a 3MW
DC arc furnace at Mintek to establish a demonstration facility for the ConRoast
technology process ("ConRoast Process"). Production to date has run smoothly
demonstrating both the economics and environmental credentials of the ConRoast
Process.'

Not that it really matters because the point is to demonstrate the technology, which they have done.

Not looking to knock the company, noc, as I think it looks a very interesting proposition.

But I would be happier to invest once some details of funding are out in the open.
If the PGM producers are going to put up the cash for the smelter, fine. Lets see the colour of their money. And as there is no such thing as a free lunch, what will they want in return, presumably reduced smelter prices or a share in the project. Nothing at all wrong with that. Point I'm making is the way ahead with these projects is not yet clear and I would prefer claritybefore investing.

You have done a fine job with the header info, btw.

Notlob if the pilot project is as good as we are led to believe furnace funding should not be a problem in South Africa. The position in Australia with BHP/BLT requires clarification by the directors.

sounds good, Halifax, but the money still has to come from somewhere and deal(s) have to be done.
Given the future demand for smelters than can handle high chrome content platinum ore , I think a deal will be done. Its a question of when and on what terms.

N/Lob, yes you are correct regarding the furnace.I was on my way out, so posted in a hurry and it was off the top of my head.
cyril

no probs, cyril.

http://www.investegate.co.uk/Article.aspx?id=200805010701015568T
cyril

BRR - Leinster Project Update

In summary: test results expected in 4 weeks from now onwards, during June and July.

This article should be of interest to holders, click HERE

Thank you Andy a typiclal down to earth report/assestment by Wendy, warts and all. I will add it to the header post.
cyril

http://investegate.co.uk/Article.aspx?id=200805210700049286U
cyril