A new milestone for BKT, page-7

Hey pjh, BKT is a bit odd in its trading patterns, otherwise its a solid stock with a very low MC of $12.74M and an EV of $9M (roughly $3M in cash).

It's a good question you ask... the product will be trucked from to Ifakara rail siding which is approximately 65km by road from the Mahenge project. This is reworded from the scoping study. They've mentioned "by road" and product to be trucked. There is only an allowance of $104,171 for "Offsite infrastructure".... thus it doesn't seem like they have to spend much.

Could you please elaborate how you've come to the conclusion regarding the lack of roads? It is common for gravel/dirt roads to be created which doesn't cost much for vehicle access to resources etc.

Here are some screenshots:



I hope this helps. Ultimately BKT I feel is at the brink of some announcements...
- firstly final drill results to prove up more resources into the "indicated" category
- further metallurgical test results
- PFS in a few months???

The resource upgrade alone will be big news, if the PFS can come out and also some MOUs... that would be great.

Cheers