Probably right about the buying, but sentiment is a hard thing...

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trousergecko

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05/04/24

16:37

Post #: 73211272
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Originally posted by Donnychong: ↑

Horrible news, bad for mining in WA in general.

Spoke to the department of mines again today. The assessment was carried out by a sole officer and obviously they favoured the refusal. She aslo said that BNR will be appealing the decision and that will go to an officer higher up to re evaluate the findings. Like someone above stated the " initial requests denied due to subjective assessments done by one person, then overturned when reviewed by another." I think you will find CHN went thru this very same process with black cockatoos and finally common sense prevailed.

Bad day. Not all hope lost.

12 Million in Cash
Very prospective Mt farmer tenements just granted ready to go .
Multiple gold prospects and land holdings that have to be worth a bit.

Anything under 5.5c is a good buy IMO.

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Probably right about the buying, but sentiment is a hard thing to predict as to the level of drop given the earlier spin the compnay has been doing.

The company had a please explain in January about the price drop then on solid volume.... nothing to see was the company's response. Given the statement above by the officer's report, there may have been something to see depends on the timing, like a "notice of rejection" unless I missing something,please let me know before I write a stern letter to BNR?

No other relevnat announcments in the intervening period.... NOT HAPPY JAN

Last edited by trousergecko: 05/04/24

BNR Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

1 Great analysis

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