Very interesting price action...I was only reading the ABN AMRO report this morning as I took my daughter for a bike ride around the park and...it placed a Target price of 22c per share in 12 months on the basis of predicted cashflow. If it gets to or close to 22c NOW with 12 months to run before cashflow is confirmed plus construction and processing risks have been successfully overcome, it will have nowhere to go, until further resources have been proven up from their exploration activities.
I like what I have read but, I will wait for a better buy in price.
BGF Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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