BGL bellevue gold limited

Ann: Bellevue Gold Stage 1 Feasibility Study, page-61

  1. 948 Posts.
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    A couple of questions , Parsons states this project will create $190,000,000 a year profit, he also used the term FREE CASH FLOW , assuming that's an accurate figure what percentage of that could be returned to investors ?. Another question , why was this study done using 8grms/ton when we all know the initial targets have much better grades ? Now moving on, my suspicion is those selling today are panicking we know this is a stage one feasibility study and we know there is much more gold about to move into the indicated category so plenty of potential to double the mine life and significantly improve on this first study , we also know much more gold will be discovered so for me it's not panic time , let's see where we are at the end of the year .
 
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