BC8 0.00% 35.0¢ black cat syndicate limited

Ann: Speedy on Kavanaghs Heels - 9m @ 19.22g/t Au, page-12

  1. 292 Posts.
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    I like your confidence webby but i think you are too optomistic with your valuation.
    if the co. produces 100000 ozs with an aisc of $1500 aus. IF they issue 30 mill. More shares @30cents to get to that production(highly unlikely with toll treating existing east kal. deposit)then i come up with a price of $1.80 to $2.50 all things being equal and no further major discovery(allso unlikely as they are active on several fronts)
 
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