weekend short term trading lounge 21 - 23 sept, page-45

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    BNR
    Lamboo gold project, East Kimberly, WA
    small open pits and underground mine
    grades around 5-6gt for 250koz
    plan for $25m, 200ktpa, 20-30koz pa
    mgt own ~10%
    final stages DFS
    maybe $900-1m in cash,
    so CR, probaly as part of financing is due shortly
    $5m mkt cap
    DFS and financing was expected Sept, probably delayed some
    technically; recent spike with small retrace
    expect it trades higher into DFS and financing
 
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