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2.44% 4.2¢ bulletin resources limited

Ann: Progress Update , page-7

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  1. APJAPJ
    1,187 Posts.
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    06/09/12
    19:10
    Post #: 10682440
    Yeah... take away their cash and for an Enterprise value of about 1m you have a company with the option to be worth upwards of $30m to %50m... IF (big IF)... they can get about 20m of financing.

    Gold is in an upward trajectory so I wouldn't be surprised if they could raise it; especially if it was part equity / debt I am sure i would put my hand up for some more
    BNR Price at posting: 6.1¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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4.2¢ 		Change
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