BSR 0.00% 1.3¢ bassari resources limited

2020 & Beyond

  1. 868 Posts.
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    With the year fast approaching , IMO it's time to let go of the past & embrace the future.
    It's time to sing "auld lang syne" to 2019 & move on .

    IMO the wish list for 2020

    January 2020 Announcement of production time frame .

    Announcement of Mining Contractor. January 2020 also

    Announcement of expected first pour.( hopefully 1st quarter of 2020)

    Announcement of projected gold production & income stream figures.

    Continuation of infill controlled drilling .

    Continuation of excellent grades & extensions in all directions .

    Major upgrade of the Makabingui resource.

    More drilling at Makabingui South confirming the deposit as a "Mega size Resource"

    Serious upgrade of resource size & mine life.

    More drilling at Konkoutou & confirmation of this expected mega deposit.

    IMO the outlook for 2020 is fantastic .

    From the grades released so far to date for Pit 2 I would not be surprise to see a pretty sizeable upgrade for Makabingui, not too mention the infill drilling has not gone deeper than 31m depth.approx .

    Mine Life upgrade also.quite sizeable also .

    The recent sale of Massawa deposit to Teranga 25 km away shows how undervalued this stock is.
    They paid US$146+ per ounce for a resource of 2.6m ounces . That on its own put a value of US$146 million on Bassari 1 million ounces @ Makabingui .BSR present market cap. AUD$35 million . Based upon that valuation that puts BSR share value @ 6 cents plus .

    It's all positives for me for 2020 folks.

    Happy New Year to all.

    Cheers "Auld Lang Syne" to 2019

    Almost forgot POG US$1,510 another positive sign.
 
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