BGD 0.00% 24.5¢ barton gold holdings limited

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  1. 461 Posts.
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    The existing Mill will only work for higher grade material, which is what they want to find from Tarcoola. Unfortunately they haven't found much there with the current MRE at 20koz. The vast majority of BGD's ounces are at Tunkillia which is a far lower grade, so a new mill will be required. Based off the SS it will be $375mil inclusive of excavation of the overburden.

    BGD needs more ounces out of Tarcoola for the existing mill to be worth anything.
 
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