BGL 1.50% $2.03 bellevue gold limited

Ann: Bellevue Gold Stage 1 Feasibility Study, page-8

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    160kz oz producer over first 5 years then 150k pa LOM, stage 1 initial mine life 7.4 years

    AISC $1079 AUD (bottom quartile)

    Forecast to become Top 25 largest producing gold mine in Australia

    Second highest head grade of 8g/t after Fosterville

    Stage 2 upgrade to stage 1 feasibility to come in June qtr. (project metrics will only improve)
    $700m EV

    Pre tax payback of 1.4 years (EVN targets 4- 6 years)

    EVN would be drooling over this actually! I can see why Jake Klein wants lower gold prices....s
    Last edited by prowiz: 18/02/21
 
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