Pretty confident that following the MRE and Scoping study, that'd we'd be able to fast track the Ternera DFS/DFS by the end of next year and perhaps concurrently undertake some early procurement of some of the processing plant components.
BCN and their prospect Juardi from commencement of Maiden Drilling Campaign to First Gold Bar Pour achieved within 24 months from drilling, with less than a 180,000oz resource.
Was a no brainer based on the outcome of their scoping study. Open Pit resource, Low Strip Ratio, Low AISC, 95%+ recovery. All executed based on the POG basecase of $1,650 AUD!!!
TSO is BCN Super Charged and juiced up on Human Growth Hormone and Steroids.
BCN's Market Cap circa $105 Mil....
We have enough cash to complete at least 20,000m worth of drilling at Ternera.
Based on the latest Investor Preso, we could be drilling right till the end of the year.
From the Noosa Preso, Zeff pretty confident of a re-rate in standing against our peers.
ALL you need to know about TSO! Please read before investing!, page-94
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Last
2.9¢ |
Change
-0.002(6.45%) |
Mkt cap ! $35.65M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.3¢ | 2.9¢ | $117.3K | 3.810M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 486491 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 196843 | 4 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| TSO (ASX) Chart |