I'm not sure why some appear to losing their resolve, taking positions in explorers is always volatile but BGL has two tangibles that most others can only aspire to:
1) A very high grade deposit with huge scope to increase.
2) A tonne of cash to do what BGL has done best over the last year and that's drill.
If anyone knows of another explorer operating in oz with nearly $40m in the bank and 1.8m ounces at 10+gt please let me know.
Explorers often can't define what they have because they lack financial means, BGL has an enviable exploration war chest.
Let the drill rigs decide.
Ann: Completion of A$18.5M Placement, page-26
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Last
$1.72 |
Change
-0.050(2.82%) |
Mkt cap ! $2.025B | |||
| Open | High | Low | Value | Volume |
| $1.76 | $1.76 | $1.70 | $12.40M | 7.181M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 101656 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.72 | 149265 | 4 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| BGL (ASX) Chart |