VERY CHEAP BARDOC At spot (US$1,896/oz gold, 0.71 AUDUSD), our valuation increases to A$0.213/sh. We present a number of valuation sensitivities including gold price and AUDUSD in Table 4 to Table 7.Alternatively, at BDC’s current A$0.076/sh share price, the market is valuing BDC on its PFS operation only at ~US$1,333/oz, with no exploration upside.
BDC Price at posting:
7.8¢ Sentiment: Buy Disclosure: Held
