BTR 0.00% 1.5¢ brightstar resources limited

https://www.youtube.com/watch?v=xGJj1r3U-RI Here is a link to...

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    https://www.youtube.com/watch?v=xGJj1r3U-RI

    Here is a link to the webinar if anyone has missed it!

    Could make many comments about it however I will keep it brief.

    -Great management
    -Very prudent company, underestimating and over delivering which is hard to find but has always been a winner especially the ones not on the radar yet
    -Shooting for 100,000 ounces which would give it a near term MC of $400 million if compared to other similar producing gold companies
    -Not looking to hedge, which I love. I'm here for the full exposure to the gold price and the risks that come with that. Also they will not be forced to hedge which come into effect with companies taking on high amounts of debt
    -Low capex, following on from my view of them being extremely prudent. Less capital needed and as they call 'low hanging fruit'.

    Great time to be apart of this company with Laverton being the company maker which could bring the company into the big leagues/well mid tier producer which I am happy with.

    The best companies for me have always not been the exciting ones, just ones with good management who quietly hit targets.
 
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