Can't answer you Nr. 1, but as for the others:
2) It is extremely cheap. At our current market cap the EV/oz is around 7AUD/oz... the cheapest by far and we are talking about a high grade resource to boot. Currently, the market seems to rate it at almost a zero chance of the project happening but with their lodged EIA having a zero environmental footprint and only benefits for the local community it's a matter of the upcoming communications plan to make the locals and stakeholders perceive the benefits of the project. Plenty of new jobs, taxes, etc., and the locals themselves could invest in the project at bargain prices via the ASX currently. With a potential 20-40 bagger, no local farmer/citizen would want to miss out, especially if there are no disadvantages re. environment to be had for them. So let's see what the coming months will bring in terms of community feedback.
3) Not sure about that but the old mining concept implied an open pit mining operation with the use of cyanide so the environmental footprint would have been significant of course. Completely different status quo now with the minimal footprint UG operation and concentrate sale. Not much speaking against the project now except the ignorance of a few...that is where the right communications plan comes into play.
4) Exploration upside is significant. Drill results from 2018/2019 returned exceptional results and showed that the deposit is open at depth and to the northwest. So the resource could go well beyond 2Mio-3Mio oz in total. Expenditure for further exploration drilling was put on hold as they have been concentrating on the most important hurdle - the EIA approval. Plenty of time to drill out the entire deposit after the receipt of the environmental key approvals as the mining license was already obtained.
5) The new management under the helm of Paul Cronin has been excellent so far in my opinion. Cleaning up the balance sheet, getting rid of all company debt and buying out/getting rid of a royalty that would have had a significant impact on the viability of the project. Not many shares on issue now and tightly held, so if there is a sniff of the project happening, BDG will ten bag imho. Check the NPV numbers for the full potential of the project at current gold prices.
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