BGL 1.63% $1.82 bellevue gold limited

Ann: Media Release - 1HFY2011 , page-3

  1. MJS
    2,275 Posts.
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    I understand what you say, however I think the future is clear. They made a concerted point of saying costs (not just purchase, but some carry on it appears) associated with purchases was included in the result however no income at all. The coming 6 months will be much better - so I expect.

    The "big" unknown (which the MicroEquities report covers) is the scale of uplife in 2012. The company isn't prepared to put any numbers on it at the moment. However, the fact that they use the word "material" if I correctly recall re 2012 speaks volumes. I'm looking forward to sometime when they get more specific about what that actually is!

    MJS
 
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