To me the absolute detail doesn’t really matter as the plan will have changes over time.
What I know from my research is that the current MC of circa $180 million is lower than comparable explorers. I usually compare BGD to AAR which I used to hold. They are further away from mining and will aim at 100 Oz gold per year. . , Current Mc of circa $270 million.
So the attraction of BGD having mine producing 150 Oz per year of gold plus 250 Oz per year of silver funded by mining existing high yield tailings and mine floors at two Tarcoola locations, with little dilution is enormous. Teh risk reward profile is outstanding. So much so that I’m all in here. Should we see a share price of$4.00 I’d, be holding over a million buck worth. That’s a killa
BGD Price at posting:
79.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)