Ann: Pantoro Secures 100% Ownership of Nicolsons,BNR-PNR.AX, page-34

Agree Ormond. BNR's preference is definitely with the Resource sector given the Major Shareholder's collective experience. Nothing is ever set in stone of course.

Once we get PNR and BNR shareholder approval meetings (likely early July) out of the way we can get on with finding another project. There have been some good deals in the Gold sector (MDI mentioned previously tripled in SP with a $2.5 million deal!) ...... BNR will have the cash in the bank to negotiate these kinds of deals with no debt and cash left over! .... Hopefully no flash in the pan Lithium deals!

One of the most attractive "Shell's" around as you say Ormond ....... I'm still surprised at the recent BNR selling given the projected resource at Lamboo etc. I've certainly taken the opportunity to add to what looks like a free lunch in BNR shares. Even if it drops to 3 cents post deal (which is unlikely), the 2 for 1 PNR shares makes 3 cents for BNR a windfall.