BC8 0.00% 32.0¢ black cat syndicate limited

First start up phase is for 40k Oz pa with fat margins is worth...

  1. 11,936 Posts.
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    First start up phase is for 40k Oz pa with fat margins is worth more than 100k with lower margins. It’s not just about quantity, it’s about quality. “Cash cows” like Paulsens pay off.
    Bc8 is going to produce well north of that in this first mine restart. I’m looking for 50-70k after they settle in. Look for some more obvious open cut mine extensions from the mineralised regional program. That has already started well. Gold through $2000 overnight. Every $100 gold price move adds $16m to Paulsens alone. The short term upside comes at the drill bit now.
    The recent exploration target tells us that they have their sights on much higher numbers. They have outlined this in their news flow. Get paulsens back on then slam the money straight into coyote. They could both produce over 100k oz pa of very high margin gold pa. The stock will either get taken over or be north of $1 imo. Might be worth the wait from 27c.
    For the short term, TIE went into the bottom draw looking for a higher bid. Time will tell there. Dyor
 
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