BNR 0.00% 4.7¢ bulletin resources limited

Ann: 30 September 2021 Quarterly Report, page-2

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  1. 1,314 Posts.
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    This was the report that I have been waiting for.
    Since the 30/09/2021 the value of Listed investments held by the company,has increased by $2.05mil as of todays date.This gives a current position of $11.55 mill in cash,receivables and Listed investments.The MC is sub $20mill.
    The Geko royalty largely covers the Quarterly expenses.
    Future drivers for share price appreciation,in my view,is the landholding at Lake Rebecca.The Cleo trend in AOP's holding runs into the BNR block.The competing interests of two $1bill + companies for AOP's holding makes BNR's tenement hot property.Value?.
    At a current EV of $8mill,investment doesn't come any easier folks.
 
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