future of BSR stock, page-10

2014s Feasability study based its earnings on $ 1200 PER OUNCE. Today it is $ 100 per ounce higher . On the projected 50,000 ounces of gold mined annually ,the additional profit will be 5 million dollars .And this does not include the possible increase in reserves that may result from the infill drilling presently being analysed in Dakar. Once that information is completed and used by the potential mining contractors to work out their quote to mine the ore for the project , a new feasibility study can be finalised with a bottom line figure to present to the interested potential financiers for their terms and conditions sheet.Then , CLICK, everything fits neatly into place. From the update and the annual report I have calculated the drilling finished on the 11th of April and say approx. 1 month turnaround to receive results of the core samples sent off .May 11th could be when results sent to contractors for their quotes,and then a new feasibility study can be done and submitted to financiers.This annual General Meeting could be a cracker.Now this is my opinion and none of this may eventuate and the annual general meeting will be filled with worried and apprehensive share holders .It is feasible for the re calculation of just the addition to the resource and the price of gold to cover the total funding cost of $ 12 million in the first year of production.