So far the last two poor results mean that BGS needs to find more resource to justify the road to Morilla. We know from past CRs that they do them about when they get to $2M in the bank but they can't really do a CR with the price so low can they??? Alternatively they can keep drilling and hope but run the risk of running out of dough and failing.
All up to Kevin now how he plays this....
For my portfolio BGS has now gone into the "seriously worried I am going to lose it all" stage. Do I bail now and lose 50% or stick with it and potentially lose it all?
Ah the joys of speccy investing.
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So far the last two poor results mean that BGS needs to find...
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