Using current gold prices, we are sitting at a post tax $AUD NPV of about $350m....
Our current MC is about $20m...
gold projects are generally the most easy to finance out of mining projects due to the fact that commercial banks are willing to dip their toes too as its a deep and liquid market...
with outstanding financials and robust margins, this is just a waiting game now... the DFS will be used as the ticket to display our project with a high level of confidence and assurance for the financiers... with potential upside...
20m is really a joke... I suspect come the new year when the money makers are back, this will keep creeping higher...
Merry xmas
Boy.
BRV Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
