Ann: 31 December 2015 Quarterly Report, page-54

Monte, you have to translate that ...: )
BULLETIN RESOURCES (A0YGXR, ASX: BNR): Persevere AUEF high Niveaü but ...
BULLETIN went today with a slight decline of 1.67% from the market, which is permitted by the sharp rise. But here I would stay on the ball. PANTORO (ASX: PNR) has by now a market capitalization of 50.43 million AUD for the 80% interest in the gold mine.
BULLETIN (20% of the mine) has a market capitalization of 10.32 million AUD, but takes a fair stand at 12.6 million AUD or 0.072 AUD per share!
I maintain that PANTORO probably have to come with an offer of 0.10 AUD, to ever have a chance