Obviously going forward now we will see some correlation between BDR and the POG each day with BDR following the POG upwards. I just wonder with each $10 increase in the POG how much would that relate to in a increase in the BDR share price.
I don't have the time to work it out at the moment due to many commitments, just wondered if anybody had done so taking current guidance on costs and production.
i.e POG = $1236 BDR is 25cents
POG = $1300 BDR is ?????
POG = $1500 BDR is ??????
POG = $1800 BDR is $2.20 for example
BDR Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held