If BGL deliver in production and costs they will join the ranks of stocks like CMM, EMR and GOR which are rated at a premium to other gold stocks. But BGL has a bigger production profile than these 3 stocks and possible a low or as low ASIC as 2 of them so BGLs MC should be higher than these 3 stocks SP. And if they over deliver then watch SP climb.
Then there is the scenario BGL does not deliver in which the the SP will fall.
Ann: First gold poured at Bellevue Gold Project, page-78
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Last
$1.30 |
Change
0.005(0.39%) |
Mkt cap ! $1.657B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.30 | $1.25 | $9.627M | 7.524M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 400 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 158111 | 3 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BGL (ASX) Chart |