0,0% cut off grade... So they counted all the 1c coins, 5c coins etc (using Barney's explanation terminology)... and still got 1,48% grade...
Do people understand how high grade this deposit actually is? Tonnage will come in time, they've only been drilling since May.
I don't care what Hotcopper sentiment is. All I know that end-users will love this resource because you can now already easily compete from 2018-2030 in price with anything that has been found on Australian soil in last 3 years (except Greenbushes which is a freak-of-nature and I haven't seen any drill results in Oz that come close to that one).
When scoping study is there, I expect take-over bids if it's between 100M-150M market cap in January.
They will love this in China, and I'm sure the EU (Germany/France) would love this to be developed. Everyone needs economic development in Mali and this is a major chance for all stakeholders.
P.S. Did I mention gold?
BGS Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held
