Ann: Stawell gold-copper corridor tenement granted, page-54

@JeffandSal1

All IMO, just speculating;

Xmas 2020 - 5 cents - I am guessing this as anticipating higher gold prices by end of year if US stimulus happens, making BAT look a more attractive investment, and they will likely have done some ground work by then/be in the process of this. I would like to be wrong and price be higher than 5c, but of course it could end up hovering around 2-3cent range (although unlikely IMO).

Xmas 2021 - anywhere between 10-30 cent depending on how positive or not gold results/gold bull market/graphite financing goes. With 10-20c range higher probability. The 30c SP scenario at Xmas 2021 is hypothetical price in the case of a perfect storm of all three; excellent drill results/high gold prices/graphite finance being achieved during 2021. I don't know if this would be very likely.

All just my opinion. I am quite bullish about BAT, but could be wrong.