BDC 0.00% 52.0¢ bardoc gold limited

Ann: St Barbara to acquire Bardoc Gold via scheme of arrangement, page-7

  1. 1,234 Posts.
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    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.
 
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