BGL 2.00% $1.79 bellevue gold limited

at this stage, 200k oz per year would require a lot more than a...

  1. 1,116 Posts.
    lightbulb Created with Sketch. 608
    at this stage, 200k oz per year would require a lot more than a 2 mill oz resource.

    the conversion from resource ounces to reserves will be the key here

    the market will respond positively once that 'conversion risk' is diminished

    assuming (conservatively) roughly half the resource and be moved into the reserve category, a 6year mine life at 150k oz is probably the ceiling for now

    until we see further success with infill and extension drilling then it's probably prudent to reign in expectations a touch IMO
 
watchlist Created with Sketch. Add BGL (ASX) to my watchlist
(20min delay)
Last
$1.79
Change
0.035(2.00%)
Mkt cap ! $2.101B
Open High Low Value Volume
$1.77 $1.81 $1.76 $36.27M 20.25M

Buyers (Bids)

No. Vol. Price($)
5 93529 $1.78
 

Sellers (Offers)

Price($) Vol. No.
$1.79 203430 5
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
BGL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.