The magic of google translator.... BULLETIN has developed...

The magic of google translator....

BULLETIN has developed strongly, but I'm staying here bullish! I understand that gold mine is just before reaching the full production capacity and then BULLETIN will earn its 20% interest tidy cash.
Assuming an annual production of 40,000 ounces, a gold price of 1,600 AUD (currently 1,645 AUD) and production costs from 1000 AUD sees the bill as follows:

PANTORO would have to pay per year to 4.8 million AUD BULLETIN what would managerial madness. This does not include the targeted increase in production to 45,000 ounces!
BULLETIN currently costs 8.75 million AUD, is therefore not even rated at twice the annual profit.
Lets PANTORO run the situation, they lose in 5 years 24 million AUD and BULLETIN clips one of this money, and it will then distribute the majority of us shareholders.
Conclusion:
I have occupied myself long and hard with the situation and believe that we can hardly lose here so far everything is running in the mine according to plan.
Either PANTORO makes a decent bid, which is unlikely to work below 0.10 AUD (major shareholders holding more than 50% of all shares) or BULLETIN takes nearly 5 million AUD annually, and pours it into a lush dividend to our shareholders.
Until 0.055 AUD a clear buy with chance of 100% or more