BSG bolnisi gold nl

bankable feasibility study is a misnomer!

  1. 22,691 Posts.
    Who needs the Banks?

    BSG/PJO don't!!

    PJO will have all the cash it needs (CAN$75 mill from warrants to come; the Warrant issue price is CAN$9.50 and current share price is CAN$9.85).

    So, the BFS is a misnomer because it does'nt involve any Banks needed to finance.

    Instead, there will be data from PJO/BSG forthcoming from now on.

    Of course, one does'nt raise CAN$75 mil unless it will be spent on the new Plant and Mine.

    These are exciting times, with Mining Progress reports- Resource updates, Drilling results and other Reports to come from now on.

    All systems are go. It is possible that one or two approvals are in the pipeline, however, the raising of the cash will be a first class result.

    Gerry
    Readers, please do your own research and you decide if and when to buy, hold or sell any stocks or metals/commodities.

 
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