BGL 5.53% $1.24 bellevue gold limited

Ann: Macquarie WA Forum Presentation, page-36

  1. 154 Posts.
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    The transformative drillholes in late 2017 certainly added value for BGL shareholders, but that value seems to have declined a bit in the 4 years since. Despite the steadily increasing quantity of resource, it is outweighed by the dilution to shareholders.

    At least you can say the declining value has not been severe, and I suppose a swelling of the resource size these past 4 years lessens the risk for all shareholders.

    https://hotcopper.com.au/data/attachments/4067/4067945-8fb1ff2364c3194f9fd44dc0f672a82e.jpg
 
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