STTCOMP BNR, FA Long
Bulletin Resources
SOI - 179Mill
SP - 0.036c
MC - $6.5 Mill
Cash and investments -$5.87 Mill
BNR is a listed shell looking for a new project after selling their Nicholons mine to PNR for cash and shares.
Now trading close to cash/investments backing BNR have thus far looked over numerous projects but have so far passed on them all.
Cheap shell with an EV of $600k so a decent project could see this run hard but will need a project soon to comply with ASX listing rules so not for the faint hearted.
