BNR
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2.50% 4.1¢ bulletin resources limited

I've been following BNR for a while but regrettably haven't...

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  1. PuzzledMonkey
    442 Posts.
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    29/02/16
    17:48
    Post #: 17146370
    I've been following BNR for a while but regrettably haven't bought enough. Is BNR still cheap, or are we approaching fair value?

    Back of the envelope calculations suggestion cash flow of $3.6m per year (6,000 ounces x $600/ounce). This puts BNR on a P/E of 2.7, although a hefty discount is warranted given the short mine life.

    This obviously doesn't account for increased plant throughput (potential for 200,000 tpa), increased resources, and higher than expected grades.
    BNR Price at posting: 5.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
4.1¢ 		Change
0.001(2.50%) 		Mkt cap ! $12.33M
Open High Low Value Volume
4.1¢ 4.1¢ 4.1¢ $4.1K 100K

Buyers (Bids)

No. Vol. Price($)
1 12074 4.0¢
 

Sellers (Offers)

Price($) Vol. No.
4.2¢ 200000 1
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Last trade - 13.18pm 22/11/2024 (20 minute delay) ?
BNR (ASX) Chart
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