Agree Danny, almost miss the naysayers, well at least their entertainment value. So, whilst I was recovering from withdrawal symptoms I did some research on Henty, Bendigo and Plutonic. Here is my ‘way out there’ predictions:
Henty will provide the necessary cash flow for Bendigo but will disappoint in terms of longevity. I estimate a maximum 3 years circ 25koz Au per annum production. No problems though as Plutonic (I know this will annoy some old SGI holders) will be the ‘miraculous’ turnaround story as Kay and his team streamlines processes and focus on mining the appropriate ore bodies to become profitable and cash flow positive within 4-6 months. >70Koz Au per annum. Buys enough time to plan out Trident to mine high grade ore 12 months from now (can’t wait for my gold bar) to achieve >120Koz Au per annum. In the meantime, Bendigo becomes the super swan discovery for CYL. Then Gina comes in and buys us all out for $4.50 a share!
Some may say I am a dreamer, but I am not the only one
Ann: Completion of Plan of Arrangement with Superior Gold, page-34
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Last
$2.74 |
Change
0.090(3.40%) |
Mkt cap ! $619.1M | |||
| Open | High | Low | Value | Volume |
| $2.56 | $2.78 | $2.56 | $2.376M | 878.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3671 | $2.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.78 | 9635 | 2 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| CYL (ASX) Chart |