I'm in at an average price of about 16c. Yes, they hit some dusters with that drill rig and its now moved to another location plus they said two more drill rigs coming in the second half of the year to conduct additional exploration. The saving grace is with the cash we have the CDI price is around cash backing with a JORC of about 3mio oz valued at zero. Now say they continue to get dusters down below then its an easy decision to just open pit down to 90 metres to get the shallow gold out (and much cheaper than building an underground mine) and meet the agreement with QM. As a see it the JORC says we have shallow gold, and the current bank account has the USD in it. So, BEZ stock is worth something rather than nothing down at these current ASX price levels today. That's just my take on it despite right now being price wise underwater with my holding.
Personally, I'll give it until next year when they decide to mine either open cut or underground.
But you decide what you think and do what you have to do.
