BRV big river gold ltd

Ann: Acceleration Of Borborema Development, Update To Shareholder, page-8

  1. 492 Posts.
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    Juniors should get producing rather than come out with new plans that require more time, cost and risk. I hate seeing such plan revisions.
    However, I just tripled my position.
    That the company looks to double production, just as mica results come through, suggests that mica is looking very commercial.
    So our business, which I valued at 15c just on Phase 1, at USD1550 an oz, now looks like something far more significant. Double the scale and add mica credits and some exploration success, and an NAV of 50c+ seems likely.
 
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