If only i had more money!!, page-30

Think its pretty much a given they willl do it via expansion. Question is what will be the price tag.

Acquisitions only make sense if they have no cheapp expansion potential. That is not the case here. They have huge resources, all nearby, with a plant easy too update to accommodate. So go for it.

Heck, they should set their sigghts even higher imho.

Cdchi1[/QUOTE]
Agreed Cdchi1
The asset/resource and its potential for further growth is why I bought BLK in the 1st place. I really like a good exploration story. At some stage I held/traded AXM (not till the end thankfully) so was loosely familiar with the asset and aware of 'management' issues etc. I still see a lot of potential at depth which has been lightly or poorly tested.
I've seen the figure of $45m in a couple of research reports as an estimate for the expansion to 200k Oz pa
I imagine the ROI on that sort of spend would look pretty good