BNR
Click for more information
2.50% 4.1¢ bulletin resources limited

I think the best scenario for BNR is that GEM is unable complete...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
TRADE NOW
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
  1. The Mole
    723 Posts.
    lightbulb Created with Sketch. 71
    clock Created with Sketch.
    17/08/17
    21:50
    Post #: 26576217
    I think the best scenario for BNR is that GEM is unable complete the deal.

    That means that BNR gets 100% of the tenement, so pay $750k to Geko on top of $250k, but have 130k ozs of gold for $1m + royalty payment to Geko when they start mining it.

    I don't know of too many buy-ins that are longer than 3 years.

    So on 20 December this year BNR may own 130k oz gold mine and still have a bunch of gold.
    BNR Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add BNR (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 13.18pm 22/11/2024 (20 minute delay) ?
BNR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.