It depends when they acquire the leases... Currently, BCL owns nothing as theyhave not met the JV conditions to earn 40% interest...
If it reaches to BFS stage that is when they would earn 70%, one would expect that it will be a nice project as they have done JORC, met tests, Scoping study, a lot more drilling and BFS... and we will know exactly what should be the price or potential price for the sale of the leases...
Cheers
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It depends when they acquire the leases... Currently, BCL owns...
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