Considering BLK only acquired Matilda gold mine in Nov 2011, just over 2 years ago! Another 18-24 months till first gold pour is pretty good in my book;
In a total of 3.5-4 years, they will have built up 5-6M o/z, with reserves of 500,000-600,000 ounces, own infrastructure with replacement value of $150M, low cost producer 80,000-100,000k oz p/a, with little to no debt, and small amount of shares on issue….
Surly you would take that any day of the week??
BLK Price at posting:
22.0¢ Sentiment: None Disclosure: Held
