BNR 0.00% 4.1¢ bulletin resources limited

Sorry to drag an old thread. Halls Creek has a JORC of 260,000OZ...

  1. 6,965 Posts.
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    Sorry to drag an old thread.
    Halls Creek has a JORC of 260,000OZ , with possible upside.
    50,000OZ belong to BNR.
    Free cash flow over life of mine "should" be between $10 & 20m depending on cost of production (part of this will go to CBA)
    I think BNR is missing $4m in its current MC.
    A low liquidity stock with MAT holding 26%....Only 35m shares outside the top 20.
    Interesting comparing BNR to PNR in the last 12 months....BNR up 50% , PNR down 20% in the same period....BNR is outperforming PNR by 70%.
 
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