re: Ann: Positive Gold Processing Scoping Stu... pattyP,
Thanks for this. As a bonus I was offered a very hot looking Russian bride when I went to mediafire.
The big variable is the POG. If you plug in AUD $1200 to the model Option 2 is the best option ($192m profit)...
... thus hedging gold is key to the feasibility of this project.
It is, however, a massive announcement for BSM and very very positive. I am surprised that we are not at 30c on the back of this announcement.
IMO the initial results of this scoping study cannot be understated.
1.3m oz gold equivalent and 3 x technical processes to extract and 3 x economic options at AUD $1200oz and 2 x economic options at AUD $1000oz.
Cheers
John
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