It's definitely cheap for SBM....look at the synergy benefits they pencil in. They're spending a fraction of what it would have cost BDC to bring the two underground deposits into production. There's a relatively small amount upgrading their mill to almost double throughput capacity & the rail spur in addition to the site costs.
I do think there will be further interest but unlikely before the BDC shareholder vote.
- Forums
- ASX - By Stock
- BDC
- Ann: St Barbara to acquire Bardoc Gold via scheme of arrangement
Ann: St Barbara to acquire Bardoc Gold via scheme of arrangement, page-7
-
-
- There are more pages in this discussion • 122 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)