BNR 0.00% 4.1¢ bulletin resources limited

Ann: 31 December 2016 Quarterly Report, page-16

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  1. 995 Posts.
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    Im not to sure Banker? Are they still holding any Pantoro shares?

    Its hard to find any decent information on what Bulletin have been up as of late. I think it was time I checked in on them and sent them an email.

    With only 179Million SOI :

    Matsa Resources Ltd - 48,000,000
    Goldfire Enterprises - 39,784,133

    Thats 48.96% of the register

    I also note that the chairman has around 3m shares and 4m options which we are basically sitting on the 3.3c conversion price right now. If an acquisition is made in the future we may see a nice amount of cash come in from those 15.5m unlisted options.

    "It is your Board’s intention to repeat the process of rewarding shareholders by the identification of a new project and to that end has commenced reviewing other opportunities in the resources sector. Due diligence is in progress on a number of opportunities. You can be assured we will not be rushed into making an acquisition but rather will take the time necessary to find a project that can create future strong value for the Company."

    My only wish is someone would hurry up and sell down little to fill my order(s)
 
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