BGL 1.16% $1.74 bellevue gold limited

Ann: Project Production, De-risking and Growth Update-update, page-43

  1. 579 Posts.
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    Derisking is a stupid word to use for a company in their position, making newbees and buyers think ...what risk? What.... where's the risk...these cliches make them sound like a try hard wannabes.

    The mine is going to be a cash cow better than Tribunes Kundana. (They are now mining underground and deep at around 3.6g, and still raking in the cash). That's the way I see Bellevue heading 5 years down the track, with all the infrastructure in place and debt free, taking lower grade ore, ramping up to double capacity. Feasibility is only a good story to get the loan. After that you pay it back you make your own rules. Ask Anton Billis.

    Invested $7000 seed capital in the company that was to become Draig (both failures), then Bellevue, about 16 years ago, still waiting for my money back. I may be a minnow in the company here and I haven't got the money to buy, I dont even care if you do buy. Feck you rich bastards... you'll make more money out of this than me and you know nothing.
 
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