BC8 2.91% 53.0¢ black cat syndicate limited

Ann: Quarterly Activities Report and Appendix 5B, page-14

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  1. 12,141 Posts.
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    Hi @copperroad, cheers for the reply, though I do wonder how you write such a post without even a small amount of chargin at just how positive you view everything.

    The 745k ounces in the MREs for the two plants, is a nice starting point, but.... if they were highly valuable and proven ounces that are profitable, then, they would have already been mined! So... sorry, but mine life is a problem, because currently, neither plant have a mine life.
    Both plants are small, and whilst there may well be treatment options, they, are also likely a way off, as there is a lot of time and effort regulation wise to get something like that to occur.

    You make some very large assumptions regarding what the company might find in the years to come. It may come true, but exploring usually takes a lot of $$ and a of time. Hopefully BC8 prove me wrong and become a $1b+ company within the next 2 years.
 
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