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2.44% 4.2¢ bulletin resources limited

The July-Sept 2012 Gold Mining Journal has an article on...

  1. PuzzledMonkey
    442 Posts.
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    23/08/12
    08:52
    Post #: 10609734
    The July-Sept 2012 Gold Mining Journal has an article on Bulletin's Lamboo project. Main points:

    1. Convert inferred resource to indicated so an ore reserve can be released (this assists financing negotiations)

    2. Comapany should know proportion of debt/equity funding by September

    3. Permitting underway and if approvals received by October board will decide whether to proceed

    4. Could be in production by Q3 2013 (i.e. six month pre-strip)

    5. Plant was run in July with water (no issues)

    Let's hope we see some progress shortly...we could seriously do with some positive news!
    BNR Price at posting: 4.8¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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