Crazy how this AOP deal has flown under the radar, not a single...

Crazy how this AOP deal has flown under the radar, not a single trade yet.

Fully diluted EV calculation below gets even more attractive and does not even include the benefit of the ongoing the >$500k royalty stream each quarter.

BNR	#	Market Cap		Share Price
SOI	179,290,000	$14,163,910		0.079
3.5c Options	30,500,000	$2,409,500	ITM
		$-
Market Cap	209,790,000	$16,573,410	A	Fully Diluted
Cash as at 31-Dec-20		$1,649,000
4Q-20 Royalty received 29-Jan-21		$620,734
Total Cash 29-Jan-21		$2,269,734	B
AOP Shares Held (100%)		10,750,000
AOP Share Price 2/2/21		$0.32
		3,440,000
AOP Shares Held (BNR 80% Share)		$2,752,000	@ 80% BNR Share
Deferred - Other Conditions		$200,000	@ 80% BNR Share
Deferred - Mining Lease or 24m		$800,000	@ 80% BNR Share
Deferred - Decision to Mine or 48m		$800,000	@ 80% BNR Share
		$4,552,000	C
Total Cash & Shares		6,821,734	D = B + C
Enterprise Value		9,751,676	E = A - D