BGL 1.58% $1.93 bellevue gold limited

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    A really rough simple way of looking at it, but conservatively $6b on the assumption they produce 3m Oz at $1500 aisc average, 10.5b to be mined, 4.5b in operating costs, I believe they double mine life at least though. Note.... price I used is 3.5k aud per ounce, 150 below current price, so real conservative estimate.

    Where the top is, is anyones guess, but $5 definitely doable imo.
 
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