BGL 0.78% $1.27 bellevue gold limited

Ann: Successful completion of A$150M placement, page-12

  1. 5,112 Posts.
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    Surprised at the dump and curious what had happened here... seems the previous AISC guidance has blown out? I haven't gone back to the DFS but their September 22 North American presentation had A$1,000-1,100 AISC guidance for first five years. They're now saying A$1,800 for FY25 and even by FY29 it's only dropping to A$1,550, so that's quite a huge goalpost move.

    Had they signaled this before or is the first time the market has learned this? (sorry I haven't followed closely)
    Last edited by mondyinvest: 26/07/24
 
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