Fair enough mumbly. I see two companies here.
One has proven itself by moving from development to production delivering every promise along the way.
And although the developer (BGL) currently carries the higher market cap, they have yet to achieve either commercial or indeed any production.
The obvious reason that BGL are toll treating is because they need cash. Market does not yet know what GMD will charge, but we now know that the freight component carries a cost of approx $400 /oz and besides that margin not going to holders, there is likely some ESG hypocrisy there also.
Youth is not a metric that I use in analysis.
Best of luck mumbly
Fair enough mumbly. I see two companies here. One has proven...
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