BNR 2.50% 4.1¢ bulletin resources limited

Hartley says are probably more than just 4 years ... Pantoro "We...

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  1. 284 Posts.
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    Hartley says are probably more than just 4 years ...

    Pantoro
    "We see potential for immediate extension to the known orebodies at Nicolsons. An independent evaluation has concluded that the total resource potential of the Nicolsons mine is ~500-750koz (currently ~163koz). This independent evaluation and our site visit suggests the Nicolsons mine will most probably be similar to other underground gold mines in Western Australia which continue to operate with a rolling ~3-4 year minelife for ~10 years. It appears that the current reserve has been doubled on the currently developed levels by virtue of the reserve overcall achieved to date.
    Initiate coverage with a Speculative Buy recommendation"
 
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Last
4.1¢
Change
0.001(2.50%)
Mkt cap ! $12.33M
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4.1¢ 4.1¢ 4.1¢ $4.1K 100K

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4.2¢ 200000 1
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