BMO 16.7% 0.7¢ bastion minerals limited

gearing up to fly, page-24

  1. 2,572 Posts.
    re: 75million market cap too low been persistant selling even on strengthening POG for months now suggesting an underlying and as yet unarticulated problem . . . . lower than expected grades or perhaps significant cost blowout ie hauling lower grade ore the couple of hundred klms to Rishton (@ $23 per tonne) would significantly explode cash cost per oz & even the previously quoted $23 prt tonne haulage cost could have significantly blown out with rising fuel & labour costs
 
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