Nice tech analysis, agree.
Also highlights the benefit of having a low share structure.
253,518,816 shares total =
$69,717,674 Market Cap @ current 27.5c
$101,407,526 Market Cap @ 40c
With no upcoming dilution envisaged until at least post Scoping Study (late September) and throw in hole 4 (15m @ ?) & hole 5 + 6 at Ban Chang, ‘Goldies Pool’ to what gweston was talking about and MRE in between, I think your analysis is spot on.
BSX Chart, page-8
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