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Trading below cash, page-9

  1. 320 Posts.
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    Obviously a quiet old time on the BNR front at the moment. The completion to Pantoro was officially 14th July so we are basically 3 months in from then. The 6 month rule applies to Companies who have no projects on their books so management will no doubt be getting serious about finding something suitable soon. 3 months is plenty of time to finalise a deal but I know they were looking at several potential projects so due diligence can burn up a bit of time. Expecting a bit of specking on the SP coming up to any announcement especially given the current market cap. Waiting patiently ........
 
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