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Brockman is in a unique position in the Australian junior iron ore sector with a world-class JORC compliant resource of 1.4 billion tonnes, uncommitted cash reserves in excess of $100 million and close proximity to existing rail, road and port infrastructure. The Company's Board has decided that shareholders' interests are best served by concentrating its efforts on the Stage 2 Development Project at Marillana. This will allow the Company to focus future cash expenditures on the development of a long-term sustainable Project capable of delivering strong long-term returns to shareholders.
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Listen to an audio broadcast: Marillana Resource Upgrade - Mr Wayne Richards, Managing Director
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