BGS Chart !, page-861

The longer it takes for news, the tighter the coil binds...
As @boy1 mentioned some time ago, there needs to be a decision to mine within the next few months to order the long lead items for the plant...ball Mills etc... Barney recalls Randgold ordered a new ball mill for Morila from Germany a couple of years back which took over 9 months to deliver if his memory serves him currently?.

So in all reality there's only 3-4 months before the Share Price is valued not as a speculative play, but a certain future producer...

Looking at all these other companies who are half a billion in MC or above, BGS will certainly have it's day in the sun!.

Let's look at BGS's valuation... Roughly every 20c increase in Share Price the Market Cap increases $45 million excluding future options converted... There's every reason BGS could become half Billion in MC given the Gold is going to be mined and BGS receives over $20 million in cash flow for 2 + years. There's 9 Companies in the ASX200 that are valued at half a billion in MC but earn less than $1 million in cash flow.
What will be BGS's catalyst? The Gold Royalty or an offtake or Joint Venture agreement??? Many options and all still possible within the "near term" (hate using that phrase).