Ann: Quarterly Activities Report , page-17

anyone know what sort of capex they might be looking at for BV?

it seems that the intention from the start was to find a cash cow with all the homework already done that could be fast tracked into production.

acquisition would hardly dent any potential gains even at these prices - basically issue another 40-50mill shares (most of them to the vendor) and its done

would still only be a $15mill co with 3 projects and enough exploration capital to see out another year or so at least