Mate...a MC.. of 500-700 would be in the region of 5-7c...@ 10 B shares on issue, counting AME to come on next week.....I think the market has already factored that in ... current BTR @ 2.9c.. AME holders bought in @ 1.5c and will hold around 30% of BTR.
As mentioned before, I expect BTR , once all the current deals and drilling results come in and added to the current resource BTR would have around the 4 M oz mark to kick the new year off , then we still have a heap of drilling to continue into next year further drilling more ozs etc etc. and so on.
So happy days ahead .........if gold stays above the $2,200 US mark.
My Take
Cheers
Good luck to all holders
Mate...a MC.. of 500-700 would be in the region of 5-7c...@ 10 B...
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