BRV 0.00% 35.8¢ big river gold ltd

Ann: Update to Shareholders, page-50

  1. 2,308 Posts.
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    There isn't much more Andrew can tell us other than what was stated in the last update. We aren't in the exploration phase anymore so news flow will be scarce. Just have faith that Andrew is doing all he can to kick this off, he has alot riding on getting Borberema Off the ground.

    In summary, their immediate plans are as follows

    • Mine design
    • Construction planning, tendering procurement. The Construction Market in brazil is forecasted to contract, which is good, means cheaper tenders from the contractors. We will probably want this to incorporate into the BFS. Reduces Capex.
    • Forecasted Construction Commencement in Q3. So sometime over the next 3 months, should hopefully have funding sorted. Since we have already commenced procurement, should be able to establish the site startup quickly
    • 500m Market Cap very achievable with the uncertainty around fiat currency at the moment.


    China is the leading gold producer in the world and they keep it all for themselves. They are also acquiring gold mines around the world. Pay attention to what they are doing. They are gearing up for a change to the reserve currency status and one that is highly likely to be backed by gold and they will be looking to catch up and hold the largest reserve in the world!

    Don't waste time on Grass Root explorers, it is too late for them, they will have missed the boat and investors/traders will be left holding a piece of dog turd

    https://hotcopper.com.au/data/attachments/2242/2242153-8d1efbfa6470184d892bb43e6cb0f714.jpg
 
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