BGF ballarat goldfields nl

why did lhg pay so much

  1. Sabretoothed
    34,500 Posts.
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    19/10/06
    18:07
    Post #: 1866619
    See the AFR yesterday, basically if SBM is based on the valuation model of BGF (inferred resources), then what LHG paid for BGF on the inferred resources, SBM should be $1+. And SBM is already producing 40,000 ounces every 3months and ramping up. Plus all the other assets it holds and nickel exploration.
    BGF Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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