BGD 1.85% 26.5¢ barton gold holdings limited

Ann: Central Gawler Mill valued at over $100m replacement cost, page-32

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    Page 5. Just going through in detail now. Good read.

    "Barton controls the only gold processing plant within 300km. There are a number of junior
    explorers with small deposits within trucking distance that are probably not large enough to
    support their own processing plant.
    Those deposits would generate positive cash flow for the
    deposit owner and Barton if processed at the Central Gawler processing plant.

    If Barton also built a 5mtpa plant at Tunkillia, it would own the only two plants in a gold rich
    region, 200km apart from each other, similar to the distance from Kalgoorlie to Leonora in
    Western Australia."

 
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