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BOK black oak minerals limited

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Ann: Operations Update, page-8

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Mickeymouse

3,602 Posts.

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13/07/15

13:22

Post #: 15623727
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Originally posted by meric ↑

....If it's costing a lot more to produce than to sell it means the 'option' on silver prices is not 25 years, and will depend the size of their debt facility.... If losing $2 per ounce produced, and it produces 2M ounces a year, that's $4m lost, a third of market cap every year... If it's breaking even or making a profit, it will turn the company into an expiry-less option and I'll be more willing to allocate a bigger percentage of my funds...

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prob is what other silver producers is there out there that u wud chuck ur cash at, not many left after BOK

BOK Price at posting: 29.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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Ann: Operations Update, page-8

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