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52.0¢ bardoc gold limited

A sale in my opinion is somewhere between 15 cents to 25 cents a...

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Trufflehunter

3,644 Posts.

350

16/11/21

18:56

Post #: 57620582
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Originally posted by BerserkWarrior: ↑

Why is a buyout the only option? Nobody is talking about the possibility of a toll treatment agreement or a JV yet when the review was announced it was pointedly said that all options including a sale would be considered. Sure a sale would crystalize a returnable figure relatively quickly however the aim here was to maximize returns to shareholders....that could take far longer if the other options are being vetted. There's a real possibility that a sale will not be the outcome here & that's fine as long as that delivers the greater shareholder return. Posters here could be setting themselves up for disappointment if a sale isn't the BoD's preferred pathway to value realization. To be clear, a project sale is not the only option being considered in the review.

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A sale in my opinion is somewhere between 15 cents to 25 cents a share at the moment.

Otherwise Bardoc should look at outsourcing the processing to a third-party and start digging I say.

Gold and silver will be moving much higher from current levels over the next few years, at least, so Bardoc is actually well positioned at any table of negotiation for sale or third-party processing.

Last edited by Trufflehunter: 16/11/21

BDC Price at posting: 6.8¢ Sentiment: None Disclosure: Held
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