what do you think of my analysis from a previous post where i estimated that when in full production baring any major dilution, BC8 should be about $3.85, is this about right or am i totally off and ive missed something? -------------------------------------------
ive done a little research on NST EVN GOR and according to their total RESERVES of gold and their current market cap (all are in production) they trade at about AUD$480-$700/oz.
So if this is a rough guide, BC8 are currently trading at about AUD$70/oz using 1.1million ounce reserve, i know they should grow it, so this should in theory be a 7x bagger when in full production , baring major dilution. so approx $3.85 stock price when in full production 2023-2024.
BC8 Price at posting:
53.0¢ Sentiment: Buy Disclosure: Held
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