It depends when they acquire the leases... Currently, BCL owns nothing as theyhave not met the JV conditions to earn 40% interest...
If it reaches to BFS stage that is when they would earn 70%, one would expect that it will be a nice project as they have done JORC, met tests, Scoping study, a lot more drilling and BFS... and we will know exactly what should be the price or potential price for the sale of the leases...
Cheers
If BCL takes over our tenement, page-4
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