Bell Direct interview with Develop - "Plant has already reached nameplate", with Darren Stralow " Going very well". These interviews were in late December. Not official presentations ....but communication nonetheless.
I expect that Bellevue Gold will be an outstanding performer. When the small extra capital is invested the mill will have a capacity of 1.5 mill tonnes x 6.31 g/t x 97% recovery / 31.1 gr/oz = 285,385 ounces per year.
Their reserve grade of 6.1 g/t is much smaller than the drilling hits of 20g/t upwards. I guess this is dilution but also conservative.
The crusher has a capacity of 1.7 tonnes per year. I speculate that when they explore and find further ounces they will expand production to an aspiration total of 300,000 ounces. In terms of volume - this will be 2 x Gruyere which has a market cap of ~ $ 2 bill.....with a better margin. Therefore, in time I speculate that at current gold prices, BGL will have a market cap of $4 bill +. On top of that, there is also the effect of increased gold prices ...which could go up to $US 3,000.
If ever there was a gold mine .....this is it.
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Last
$1.85 |
Change
-0.085(4.40%) |
Mkt cap ! $2.172B |
Open | High | Low | Value | Volume |
$1.92 | $1.92 | $1.85 | $5.954M | 3.178M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 21056 | $1.84 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.85 | 61760 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 21056 | 1.840 |
9 | 93451 | 1.835 |
5 | 30878 | 1.830 |
4 | 47481 | 1.825 |
3 | 25546 | 1.820 |
Price($) | Vol. | No. |
---|---|---|
1.850 | 29669 | 3 |
1.855 | 4049 | 2 |
1.860 | 14603 | 2 |
1.865 | 14603 | 2 |
1.870 | 15503 | 3 |
Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
$1.85 |
  |
Change
-0.085 ( 4.28 %) |
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Open | High | Low | Volume | ||
$1.92 | $1.92 | $1.85 | 712799 | ||
Last updated 15.59pm 30/05/2024 ? |
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