BSR bassari resources limited

Remember holders. This Mining Plan that prioritises Pit 1 & 2...

  1. 10,771 Posts.
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    Remember holders. This Mining Plan that prioritises Pit 1 & 2 (being the largest of the pits, resource wise) will been quick depleting grades, stright off the bat! In other words, as far as Mine life is concerned, they will use up the higher grade early on in order to pay down debt (a good thing) but, you'd want to exit early enough & not be holding LT so as to not witness sp drop when grade lowers naturally, unless they drill up more high grade zones as they go through initial first few years? That would involve trusting them. The same Mob that has frigged you around for many years now!

    Stay on your toes with this BoD, if you intend holding past the Commissioning stage. A stage, some falter @ very quickly. Plenty of recent examples here in Aus!!!
 
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