Thanks for the details. Better than I thought. Bc8 picks up 2x complete Mills, resources, exploration upside and mining accommodation. Don’t forget the other 2x mills at Kal East. The limited list of emerging producers are yet to secure mills and are largely postponed. Their numbers don’t work and many don’t have this grade anyway. There are mines out there with less than half this grade, less resources , no mill, no camp and higher market cap on one mine.
As previously mentioned, good luck building all this today. You could expect major time delays and cost blow outs. That isn’t ending any time soon after a 2 year WA lockdown phase. It’s taken years and tens of millions off Bc8’s expansion plans. It’s taken less money that it takes to replace the smaller mill. In other words, this is highly accretive for shareholders Even after any dilution. It’s a master stroke and even better than picking up the other accretive deal from Silverlake. Looking forward to reading the details.
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Thanks for the details. Better than I thought. Bc8 picks up 2x...
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