BGL 3.61% $1.29 bellevue gold limited

Ann: Maiden Indicated Resource 860,000oz at 11.6g/t gold, page-44

  1. 1,186 Posts.
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    "Based on some comparable P/E ratios you are talking about a share price anywhere up to $15.00"

    you didn't have to say northern star, your saying the share would be $15 (if) they produced 350k ounces at A$1000. do you think that is realistic, forget about numbers for a second. i don't understand how a company can be valued at a share price of what NST can based on 350k PA. NST has almost or just about done 300k ounces PA from jundee alone.

    I'm just pointing out that its a big valuation!
 
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