BC8 4.41% 35.5¢ black cat syndicate limited

Ann: RIU Explorers Conference Presentation, page-60

  1. 1,361 Posts.
    lightbulb Created with Sketch. 51
    I'm new to BC8, but i like the straightforward strategy towards good cashflow in a relatively short time horizon. I remember being impressed with Les Davis taking this approach with Silverlake many years ago, whereas other companies tended to drill forever with copious cash raises and dilutions.
    My only question at the moment is this: Are the 250k ounces viable in an open pit situation, with normal strip ratios, or does the pay dirt require a high strip-ratio to be accessed? I realise the feasibility is still in progress, but to those who can read between the lines, does what we know thus far suggest we can pretty much get 3.4 g/t average from the get go? Or is a "narrow-vein" system more complex than this?
 
watchlist Created with Sketch. Add BC8 (ASX) to my watchlist
(20min delay)
Last
35.5¢
Change
0.015(4.41%)
Mkt cap ! $157.3M
Open High Low Value Volume
35.0¢ 36.0¢ 34.5¢ $534.5K 1.505M

Buyers (Bids)

No. Vol. Price($)
2 8308 35.5¢
 

Sellers (Offers)

Price($) Vol. No.
36.0¢ 79949 2
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
BC8 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.