500 k ounces of gold maiden resource on a mining lease
assume 350 k ounces recovered ... value in ground is one billion dollars at 3000/ Oz gold price
one has to consider expenses of extracting gold though ...
REZ is trialling VAT leach now , may be something to consider for BMG ?
sell asset to majors for 100 million at 200/ Oz price ?
anyways BMG is undervalued at 6 million market cap ?
Ann: Abercromby Gold Project, Creating Value., page-7
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $6.972M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.1¢ | 0.9¢ | $17.62K | 1.795M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 666000 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 642862 | 2 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
0.9¢ |
Change
0.001 ( 10.0 %) |
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| Open | High | Low | Volume | ||
| 1.0¢ | 1.0¢ | 0.9¢ | 279518 | ||
| Last updated 15.20pm 04/06/2024 ? | |||||
| BMG (ASX) Chart |