We should be due the Myhree feas study this coming week, note in the preso that Myhree is "ready to mine" with all the infrastructure costed at 2.1mill. I would assume on this basis that they would toll treat stage 1. HRZ at Boorara finished their first lakewood toll treat at an ASIC of $1700/oz with a grade of 1.38 g/t and sold at a PoG of $2700 oz.
Myhree grade should be at least double that which should in turn improve the profit margin. Will be interesting to see what mgnt do, I'm all for early cashflow and fund the plant and exploration activities and keep the share float nice and tight, we could easily punch over $200mill MC with some good Myhree cashflow, plenty of explorers around not within a bulls roar of mining with a bigger MC
We should be due the Myhree feas study this coming week, note in...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BC8 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
37.0¢ |
Change
0.010(2.78%) |
Mkt cap ! $139.8M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 37.5¢ | 36.0¢ | $183.7K | 501.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11322 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 29679 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| BC8 (ASX) Chart |