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2.44% 4.2¢ bulletin resources limited

re: Ann: Bulletin Delivers Robust Feasibility... hi all,agree...

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  1. BodgyBuilder
    97 Posts.
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    27/04/12
    21:22
    Post #: 10100158
    re: Ann: Bulletin Delivers Robust Feasibility... hi all,
    agree with general sentiments: bit suprised by high per ounce cost, looks to be in part due to high strip ratio due to oxidised upper levels which require shallow angled benches: some stability issues?
    Other costs are FIFO, but it is fairly remote so no escaping that one.
    General report tho is good: 2 yr payback from 1st gold pour, 6 month commision, modest CAPEX.
    Not sure about the project's new name, but regardless, it should be a goer!
    BNR Price at posting: 12.9¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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