BNR 0.00% 4.1¢ bulletin resources limited

Read the quarterly ?, page-3

  1. 6,965 Posts.
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    Hi Von.
    Any views on this one.
    BNR has 20% contributing interest in a small but soon to be producing gold mine.
    Fully funded with forward gold sale to CBA....No further dilution needed.
    $3.8m in cash + liquid assets in PNR 0f 17m shares.
    All this for under $3.5m at 2c ( BNR has 160m shares on issue)
    Management seem to be very frugal looking at admin expenses.
    I have been hunting for resources dogs recently....I reckon BNR is a worthy breed.
 
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Mkt cap ! $12.33M
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1 100000 4.4¢
 

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Price($) Vol. No.
4.2¢ 200000 1
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