RMS making a play for AOP here and if they bid around 70c a shares as I expect then BNR will pocket around $8 to $10m in their shares sale and payout on the other $2m or $2m worth of shares at 35c which would be then worth $4m.
BNR are a top holder of AOP shares and have a very little EV as is, plus they have all the land bordering one side of the Rebecca gold project which has near 800k ounces.
This should significantly increase the value of BNR's land and its share price imo. Primed to breakout above 7c here too imo.
BNR worth 10c plus imo.
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