News from 31. October 2018
The Board of Bulletin Resources Limited (“Bulletin” or “BNR”is pleased to advise that Coolgardie Minerals Limited (ASX: CM1) has announced it has commenced gold production of oxide ore from the Geko Gold Mine and revenue from ore sales to Northern Star will commence next month (refer attached CM1 ASX announcement dated 31 October 2018).“
https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD4wm0zRSZovlrke92GA==
Very soon there would have to be a message that Bulletin received Royalty payments from Coolgardie. Thus, then also the stock price should rise. But why wait so long for the message and not already stock up? It certainly makes more sense. Steady cash flow comes in from this side and Bulletin can concentrate on their big project.
Ann: Bulletin to Receive Royalty Payments, page-8
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