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2.50% 4.1¢ bulletin resources limited

Hi Von. Any views on this one. BNR has 20% contributing interest...

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    15/07/15
    17:32
    Post #: 15639415
    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.
    BNR Price at posting: 2.1¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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