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Ann: Update on Nicolson's Feasibility Study , page-11

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  1. V8
    9,963 Posts.
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    13/04/12
    12:45
    Post #: 9977154
    re: Ann: Update on Nicolson's Feasibility... If we only need $15mil to get to production I would have thought that a Bank would come to the party for that with a hedge in place?

    So no dilution there.

    That coupled with some reasonable drill intersections from the drilling program due to commence next week and this could easy stand a MC of $30-$40 mill which is a bout 40-50c



    BNR Price at posting: 12.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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