Article on www.n**s.com.au today for top 20 stocks in 2022.
Bellevue Gold (target price $1.45, about 83 cents currently) is currently developing its namesake first mine in Western Australia, with the maiden gold pour planned for mid-2023. The company says it is forecast to be one of the nation’s highest-grade, lowest-cost mines.Canaccord Genuity noted Bellevue Gold was fully funded through to first production.Gold is considered a ‘safe haven’ investment. “And with the recent appointment of a new chief executive and general manager, both ex-Northern Star, we believe the company is well positioned to have the 183,000 ounces per annum at A$1014/oz project in production in less than two years,” the analysts said. “This will place Bellevue Goldin the top 20 largest gold producing mines in Australia, with some of the highest margins in the sector.”
News ??, page-19
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