BC8 2.70% 36.0¢ black cat syndicate limited

Ann: Strong Results in Discovery Drilling - Kal East Gold Project, page-3

  1. 12,073 Posts.
    lightbulb Created with Sketch. 3151
    How good is that result?
    The Cats are growing at a pace now. $22m in cash means the obvious.
    4 newly discovered gold targets hit already plus 3 extension holes outside of Imperial, Majestic and Trojan. BC8 has dozens of targets across their land holdings in Kal.
    The extension holes are exactly what i want to see. This means these are large growing resources for the central mining centre which adds mine life. A lot of this ground was not drilled at depth and major ongoing upside remains imo.
    4m x 18.4g/t at Imperial is a cracker. These sorts of holes drive higher grade lower cost numbers moving forward.
    Taking a look at the figure on page 2, you can see this is stacking up to have much larger potential than first thought. Hard to believe that companies dont do the obvious, but that is our opportunity. They are still to drill north of the deposit.
 
watchlist Created with Sketch. Add BC8 (ASX) to my watchlist
(20min delay)
Last
36.0¢
Change
-0.010(2.70%)
Mkt cap ! $138.1M
Open High Low Value Volume
37.0¢ 39.0¢ 36.0¢ $248.2K 673.0K

Buyers (Bids)

No. Vol. Price($)
4 110396 36.0¢
 

Sellers (Offers)

Price($) Vol. No.
37.5¢ 93106 1
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
BC8 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.