I believe the same numbers as the previous quarter or little better will rerate. Dont forget free milling would have decreased mining costs so we should see that in this quarter.
I have been in and out of BLK since 2014, so I have seen the effort it took by management to get to this point. The mistake was not acquiring enough funding and planning the removal of over burden to get to the pay, that was not forecast at all! That mistake cost instos and retail INVESTORS millions. The question is, what will it take for management to gain trust of the market again?
We have already had 1 great quarter and that was enough to gain some trust back which had the price move from 4 cents to 10 cents and back. Now we are are 7 cents.... If this quarter is as good or better i expect 13 to 16 cents not long after the release of the announcement.
BLK Price at posting:
6.8¢ Sentiment: Buy Disclosure: Held
