Cracking report. Everything is full speed ahead. They have nearly $70m on the balance sheet and will walk into the Myhree next $30m cash flow within no time with these gold prices. The next $20m payment to WGX is sorted. The balance sheet is super strong now, with cash flow from both projects building up. BC8 is going to keep building per qrt now. They only have $40m to pay off, and that's going to happen in the next 2 qrts for sure now imo. The cash on the balance sheet will pile up later this year. Once they close in on the Sept qrt, i reckon the lid will come off this big time. I suspect we'll double sometime later this year on earnings and build from there. That should slot them in the ASX300 as well. They have their eyes on Coyote, updated studies and My Clement. This is one aggressive company for its scale.
BC8 Price at posting:
98.0¢ Sentiment: Buy Disclosure: Held
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