Yes great news this is happening as fast as they can make it. 45kt per month is 135kt per quarter. @ 2.2g/t x0.9 for dilution and x0.9 for recovery that is gross gold content @ $3500/oz of $27M. So what is the ore purchased for? That is 7735oz per quarter but the deal is ore purchase not on the gold. This is to boost earnings in 2025 which is looming fast. What a great move added to the air-leg tonnes at super high grade set to be blended through the mill in 2025 as well as the high grade Paulsons ore.
September qtr will not be at the full rate but the Dec qtr will be. Maybe $35M to $40M of gold content delivered in that ore by the end of the year. When is it processed at Paddington (schedule) and what are the payment terms? To be conservative one would imagine next calendar year will see at least $30M in the coffers of BC8.
This all fits with bullish posts by several tuned in holders in here. DYOR CW
BC8 Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)