imo it might have a bit more than 3 in it, i'm thinking 4-5.
fundamentals are there to drive it imo. if you start guessing at how many oz they could potentially produce for the quarter taking into account the grade of the high grade ore they plan to mine(figure 5 in quarterly) + use last quarters grade for the rest. some big numbers start to appear, 20k/oz would be a VERY conservative estimate of what could be produced this quarter. imo. they could easily make more than current market cap this quarter in profit. the grade uplift of the total quarters production could be massive if you start feeding 100g/t ore into the mill, and the plan indicates they will be mining that 4.8m at 104g/t intercept.
BCD Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
