The statement below was included in the latest presentation in September which supports my comments above. This statement was made at a time when BGL SP had been around $1.45 to $1.50.
“Re-Rate PotentialSignificant potential for a valuation re-rate as the Company transitions from developer into producer (cash flow multiples)”
On they transition to full production they will probably turn their attention to growing g the resource.
The statement below was included in the latest presentation in...
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Last
$1.87 |
Change
-0.040(2.10%) |
Mkt cap ! $2.195B | |||
| Open | High | Low | Value | Volume |
| $1.87 | $1.89 | $1.83 | $14.37M | 7.752M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 32369 | $1.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 11884 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$1.87 |
Change
-0.040 ( 1.86 %) |
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| Open | High | Low | Volume | ||
| $1.88 | $1.89 | $1.83 | 1066700 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| BGL (ASX) Chart |