Ann: Pantoro Secures 100% Ownership of Nicolsons,BNR-PNR.AX, page-12

Agree 100% Ormond. I almost posted the exact same thing today but I've been trying to soak up a few more in the 5's myself!
PNR has been steadily accumulated for a while now and it seems only a matter of time before it heads back to 10 cents+ given the quality of the resource. If thats the case BNR will be a solid low risk buy up to the mid/high 6 cent region. Given how tight the register is I'll be surprised if it has any more than a short term drop once the deal goes through, and if they get cracking on a new project it could easily bounce back quickly. Very low risk at the moment.