BNR 2.50% 4.1¢ bulletin resources limited

Ann: Acquisition of Gold Project, page-8

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  1. 479 Posts.
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    Exploration and development are costly in this part of the world. Wet Season access and production are not easy. Multiple small pits also increase AISC. The acquisition has potential and is relatively low cost but I can' t see the SP being set alight until more resource is defined. Until then the SP is likely to drift in the current POG and global economic climate. I am out for now but will keep an eye on a re-entry once further work is done.

    Cheers
    BS
 
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