BC8 4.11% 35.0¢ black cat syndicate limited

Ann: Paulsens Gold Operation - Refurbishment Update, page-7

  1. 10,378 Posts.
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    Four points hit me hardest.

    1. From 01-08 to 01-12 is only 4 months - then commissioning on low grade will end and high grade feed to tune the plant to nameplate will start. Of course being a refurbed plant and using known ore means nameplate should be achieved quickly. Pleased to have comments.

    2. The work is thorough, no short cuts being taken. That's good and means to me they expect that plant to operate for many decades - on BC ore and on toll ore too.

    3. At 161 mill cap and CAPEX on hand, this is one cheap pussy.

    4. With assured cash flow from two sources expect BC to expand explosively.


 
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