“Gold payabilities/pricing based on percentages of the mean am/pm benchmark of the London Bullion Market association (www.lbma.org.uk) averaged over the first month following shipment.”
Q3 FID is rather disappointing to see. They’ve extended this out when it should be a relatively straight forward decision. I hope they do not extend funding beyond Q3 as that would be a black mark.
I am intrigued to see how CAI perform over the next 12-24 months, they have similar project economics to BDC although I would suggest are roughly 9 months in front of the Bardoc Project with their DFS released a few months prior and funding through Macquarie Bank recently announced. I’m hoping they rocket north soon to provide some hope for BDC...
We really need a game changer.
Big gold bull run this year and BDC hasn’t done a helluva lot. I believe the board would be scratching their heads.
The retail investor percentage (80%+) is a major worry now and needs to be addressed.
TSG
BDC Price at posting:
7.4¢ Sentiment: Buy Disclosure: Held
