BGD 2.88% 25.3¢ barton gold holdings limited

Ann: Tunkillia Mineral Resources grow 20% to 1.15 Million oz, page-18

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  1. 658 Posts.
    lightbulb Created with Sketch. 109
    To build today a producing plant with , roads , energy supply ,accommodation camp , water, earth moving /truck fleet gold pour room and
    all other facilities ,you are looking at between 180 million up to 280 million dollars worth depending on amount of ounces to be produced. Expensive and very time consuming . BGD basically have most of the above already plus air strip. Probably 15 to 30 million would get the ball rolling which is a huge advantage to have up your sleeve. However BGD would have to find at least in my opinion another million ounces because the grade is low, In saying that CMM pulled it off with low grades and are FLYING along.
 
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