They're starting drilling again soon. They currently have 2.4m oz of gold. It is low grade but still a feasible operation that could make substantial profits. Off the top of my head I think BRV has around $7-$8m cash on hand but would need to check my notes on this.
I was actually reading about PRU today. They mine low grade gold. So if anyone is interested on costs, grades etc. go have a look at their latest quarterly and end of financial year announcements to get an idea of what BRV may be doing in the future. Their Sissingue mine has a reasonable AISC and that's mining low grade! The Edikan mine AISC is above $1000USD/oz AISC.
Waiting on the DFS and finance. Gold is holding around $1500/oz USD which is nice, could move higher soon.
BRV Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
