BTV 2.33% 21.0¢ batavia mining limited

Raico,Greg is a trained metallurgist and that is the key issue...

  1. 203 Posts.
    Raico,

    Greg is a trained metallurgist and that is the key issue to fix from 2 years ago.I think he is right on top of met. issues now and an expanded orebody and booming metal prices make it a very keenly priced emerging producer.

    Remember,an extra $9m. comes in when the options exercise in June,so I expect a very busy 6 months ahead.An equivalent 9g.au grade is sweet for an open cut with a plant nearby, tells me we will be mining in 2006.

    Also,watch for midcap predators as this is a wide open register and they will be looking at an extra 60,000 plus oz.p.a. as very juicy indeed,especially if you can buy control now for about $12m.
    SEARAY
 
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