Bc8 might make more acquisitions, naturally keep growing or get...

Bc8 might make more acquisitions, naturally keep growing or get acquired themselves. The law of the jungle sort of thing. The larger Bc8 gets the more likely we are to be acquired. 2.2g/t is a high overall grade. Some companies have large lower grade pits and that can make life easier for larger miners to just dig big pits while Bc8 has several higher grade pits surrounding a mining centre. All these pits remain open and seem to be getting richer at depth. Bc8 has the advantage of lower upfront capex and quicker pay back periods with these high grade pits and their own mills. It won’t take really big bucks, massive dilution and a 2.5yr build before they see a profit. This could be debt and equity funded with their own plant and up and running next year. If someone wanted to get into Kal or consolidate the area, then Bc8 seems like a possible standout imo.
Having these two mills is a bonus. They have dozens of standout gold targets yet to be drilled. They have made discoveries using the same exploration methods that have identified these targets so the chances of hitting gold is as good as it gets. The area is not complex, it tends to have a very high rate of success. They could either find enough gold within the mining centre area to build both mills or find another decent deposit up North that could be developed on its own. They have options that most miners don’t have. They also have identified a further 5km of gold and copper targets to drill up North early next year. You gotta love Kal.
Bc8 has largely sidestepped the current supply chain issues in building a new plant. It’s not just the extra time it would now take to get the mill, it’s the serious increased cost just to buy things like the steel work.
Gold still A$2484 as I write early morning. The A$ has dropped back off with the spot price.