BNR
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2.50% 4.1¢ bulletin resources limited

seems BNR earned about $830k last quarter - odds are high for...

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  1. Master Burrows
    3,538 Posts.
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    25/02/16
    00:46
    Post #: 17109458
    seems BNR earned about $830k last quarter - odds are high for greater revenue this coming quarter given increased POG + production ramp-up

    early days of course - but assuming $830k per quarter = $3.32 million p.a
    EPS = 1.9c

    meaning current PE of 2.2 based on above assumptions for a ~4 year mine life at Halls creek

    No wonder RM is buying whenever he can
    Last edited by Master Burrows: 25/02/16
    BNR Price at posting: 4.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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