BNRO Options, page-27

I would be very keen on the BNRO options if Bulletin could start drilling straight away but they still need to wait for DMIRS approval. I agree that's probably a given eventually but no certainty as to when? The options expire in Sept 24. Once BNR get the DMIRS approval they will need to contract their drillers, carry out the drilling campaign, process and submit the core samples to lab and then wait possibly another 2 months for assays to come back. That whole process could easily take 6 months which means BNR prob need the DMIRS approval by Feb 24 at the absolute latest in order for the BNR share price to have a (potential) major re-rate before the BNRO oppies turn into pumpkins.