BNR 3.61% 8.0¢ bulletin resources limited

BNR - Royalty should be $AUD 17.2 mil according to current gold price

  1. 1,201 Posts.
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    According to company's annuoucement on 13 Feb 2020, refer to previous calculation done [email protected] Mole, can refer to below link

    https://hotcopper.com.au/posts/26090133/single

    https://hotcopper.com.au/data/attachments/2261/2261239-9f3adc4112a1d67a2eb44de3d037f59b.jpg

    Now gold price has reached to USD$ 1,770 per Ounce ( AUD $ 1770x1.45=2,566), so the above calcalation is as revised per below, so our Royalty should be $AUD 17.2mil ( take note gold price will go up to USD $2,000 per ounce, $AUD 2,800 per ounce)

    This Royalty worth 9.6c per share


    https://hotcopper.com.au/data/attachments/2261/2261250-5841f6ed059ec966a20c000af49defb8.jpg
    @Mikrokosmos We are too much undervalued, we will expect to receive the royalty in this quarter, congratulations!!
 
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