The last studies for Myhree underground were done at $2300. The project made money at those prices and the gold price has more than doubled since. 4g/t is high-grade.
The Myhree underground IS NOT included as part of the current turn key deal with MMS. Once that kicks in later this year, it’s all BC8’s stonking cash flow. You guys can see why this company is going to print money in the second half. The other mines will also be ready to bring online.
The reotimisation studies should help lift the lid on this thing. Another brick in the money wall imo.
Go gold, go the Cats.
Ann: Kal East - Myhree Underground Mining Approval, page-2
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Last
94.0¢ |
Change
0.065(7.43%) |
Mkt cap ! $665.0M | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 94.5¢ | 86.5¢ | $4.828M | 5.300M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11764 | 93.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 27746 | 1 |
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| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| BC8 (ASX) Chart |