Furthermore, drilling to date has almost all been at the underground site. Now we are going to see some regional drilling. If there's some good results that support open-pits we could see massive value creation. Only have to look at some of the historic results to see the merit of regional drilling.Even some quick maths further supports this.
Current EV/resource is 200+. Discovery costs to date have been $18/oz. More than happy for management to continue finding ounces so cheaply, even if its closer to $50/oz.
Vader
Furthermore, drilling to date has almost all been at the...
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Last
$1.70 |
Change
-0.038(2.16%) |
Mkt cap ! $2.033B | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.78 | $1.69 | $2.509M | 1.470M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 29337 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.71 | 72249 | 35 |
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| Last trade - 13.40pm 03/05/2024 (20 minute delay) ? |
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Last
$1.70 |
Change
-0.038 ( 2.69 %) |
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| Open | High | Low | Volume | ||
| $1.77 | $1.77 | $1.69 | 837233 | ||
| Last updated 14.00pm 03/05/2024 ? | |||||
| BGL (ASX) Chart |