Australia's largest stock trading and investment forum Australia's #1 stock forum

BRV

Click for more information

0.00%

35.8¢ big river gold ltd

Cheers Runaway.

First 200 Last

Share
Profile

Follow
cuppa

9,553 Posts.

337

26/10/19

19:56

Post #: 41082538
Share

Originally posted by runaway: ↑

They're starting drilling again soon. They currently have 2.4m oz of gold. It is low grade but still a feasible operation that could make substantial profits. Off the top of my head I think BRV has around $7-$8m cash on hand but would need to check my notes on this.

I was actually reading about PRU today. They mine low grade gold. So if anyone is interested on costs, grades etc. go have a look at their latest quarterly and end of financial year announcements to get an idea of what BRV may be doing in the future. Their Sissingue mine has a reasonable AISC and that's mining low grade! The Edikan mine AISC is above $1000USD/oz AISC.

Waiting on the DFS and finance. Gold is holding around $1500/oz USD which is nice, could move higher soon.

Expand

Cheers Runaway.

BRV Price at posting: 1.5¢ Sentiment: Buy Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

BUX

Buxton projects new graphite province discovery at WA Narryer play

There are more pages in this discussion • 1 more message in this thread...

First 200 Last

Add BRV (ASX) to my watchlist