{"id":1369,"date":"2019-10-07T10:05:15","date_gmt":"2019-10-07T02:05:15","guid":{"rendered":"https:\/\/www.breakerresources.com.au\/?p=1369"},"modified":"2020-01-02T14:08:09","modified_gmt":"2020-01-02T06:08:09","slug":"breaker-defers-pfs-after-unsolicited-approaches","status":"publish","type":"post","link":"https:\/\/www.breakerresources.com.au\/breaker-defers-pfs-after-unsolicited-approaches\/","title":{"rendered":"Breaker defers PFS after ‘unsolicited’ approaches"},"content":{"rendered":"

MiningNews.net<\/h3>\n

Breaker Resources has again said it\u2019s been contacted by corporates potentially interested in doing a deal and as a result it\u2019s now deferring a prefeasibility study due to be completed this month as it undertakes a strategic review assisted by Azure Capital.<\/span><\/p>\n

The deferral continues a run of missed deadlines for the junior at its Lake Roe gold exploration play east of Kalgoorlie.\u00a0 While the PFS due this month is being deferred, the company said the review “also
\naims to lay a platform for a significant step-up in drilling activities to increase the current 1 million ounce resource which is open in all directions”.\u00a0<\/span><\/p>\n

The review comes with the stock trading this week at 52-week lows and against the backdrop of a superb gold price.\u00a0 Breaker is estimated to currently have a little over $2 million cash, with a call of 19c
\nper share being made las month on 4.6 million partly-paid shares.\u00a0 Breaker’s last placement was in May when $6.3 million was raised by issuing new shares priced at 30c each.<\/span><\/p>\n

Shares in Breaker were up 12.3%% to 32c in afternoon trade, capitalising the company at nearly $67 million.\u00a0 Just over two years ago the stock was trading above 70c.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

MiningNews.net Breaker Resources has again said it\u2019s been contacted by corporates potentially interested in doing a deal and as a result it\u2019s now deferring a prefeasibility study due to be completed this month as it undertakes a strategic review assisted by Azure Capital. The deferral continues a run of missed deadlines for the junior at […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[9],"tags":[],"yoast_head":"\nBreaker defers PFS after 'unsolicited' approaches - Breaker Resources NL<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.breakerresources.com.au\/breaker-defers-pfs-after-unsolicited-approaches\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Breaker defers PFS after 'unsolicited' approaches - Breaker Resources NL\" \/>\n<meta property=\"og:description\" content=\"MiningNews.net Breaker Resources has again said it\u2019s been contacted by corporates potentially interested in doing a deal and as a result it\u2019s now deferring a prefeasibility study due to be completed this month as it undertakes a strategic review assisted by Azure Capital. The deferral continues a run of missed deadlines for the junior at […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.breakerresources.com.au\/breaker-defers-pfs-after-unsolicited-approaches\/\" \/>\n<meta property=\"og:site_name\" content=\"Breaker Resources NL\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-07T02:05:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-01-02T06:08:09+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"breaker\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.breakerresources.com.au\/#website\",\"url\":\"https:\/\/www.breakerresources.com.au\/\",\"name\":\"Breaker Resources NL\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.breakerresources.com.au\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.breakerresources.com.au\/breaker-defers-pfs-after-unsolicited-approaches\/#webpage\",\"url\":\"https:\/\/www.breakerresources.com.au\/breaker-defers-pfs-after-unsolicited-approaches\/\",\"name\":\"Breaker defers PFS after 'unsolicited' approaches - Breaker Resources NL\",\"isPartOf\":{\"@id\":\"https:\/\/www.breakerresources.com.au\/#website\"},\"datePublished\":\"2019-10-07T02:05:15+00:00\",\"dateModified\":\"2020-01-02T06:08:09+00:00\",\"author\":{\"@id\":\"https:\/\/www.breakerresources.com.au\/#\/schema\/person\/1c6bb3c43e007701cb20bc2fe5230696\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.breakerresources.com.au\/breaker-defers-pfs-after-unsolicited-approaches\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.breakerresources.com.au\/breaker-defers-pfs-after-unsolicited-approaches\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.breakerresources.com.au\/breaker-defers-pfs-after-unsolicited-approaches\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.breakerresources.com.au\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Breaker defers PFS after ‘unsolicited’ approaches\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.breakerresources.com.au\/#\/schema\/person\/1c6bb3c43e007701cb20bc2fe5230696\",\"name\":\"breaker\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.breakerresources.com.au\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/9bcd185eb34a6c6abfc4a7f8fb8785e2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/9bcd185eb34a6c6abfc4a7f8fb8785e2?s=96&d=mm&r=g\",\"caption\":\"breaker\"},\"url\":\"https:\/\/www.breakerresources.com.au\/author\/breaker\/\"}]}<\/script>\n","yoast_head_json":{"title":"Breaker defers PFS after 'unsolicited' approaches - Breaker Resources NL","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.breakerresources.com.au\/breaker-defers-pfs-after-unsolicited-approaches\/","og_locale":"en_US","og_type":"article","og_title":"Breaker defers PFS after 'unsolicited' approaches - Breaker Resources NL","og_description":"MiningNews.net Breaker Resources has again said it\u2019s been contacted by corporates potentially interested in doing a deal and as a result it\u2019s now deferring a prefeasibility study due to be completed this month as it undertakes a strategic review assisted by Azure Capital. 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