Thanks tradesido.
I'm a bit more bullish than Cannacord and Macquarie.
29th of January, Macquarie gave a 12 month target of $1.90 using spot price of $US 2,028 and exchange rate of 0.67c ($AUD 3,027)
Macquarie are expecting revenue for the 24FY of $147M.
I'm expecting $360M
-$49M FH
-$124M March quarter (40,000 oz @ $3,100)
-$187M June quarter (55.000 oz @ $3400)
145% above Macquarie's estimate .
The Future:
In all our recent presentations the potential of increasing production has been mentioned.
1.5Mtpa x 7.5 g/t (head grade) = 357,000oz pa
@$3500 = revenue of $1.25B pa
Anyone know how much an extra mill and 2 tanks would cost? , and how long to build?
Last year the quarterly arrived in the 3rd week of April, hence I'm not expecting a seperate March production update.
GLTA
Thanks tradesido.I'm a bit more bullish than Cannacord and...
Add BGL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.84 |
Change
0.015(0.82%) |
Mkt cap ! $2.148B | |||
| Open | High | Low | Value | Volume |
| $1.85 | $1.85 | $1.84 | $88.10K | 47.66K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.85 | 36096 | 7 |
View Market Depth
| Last trade - 10.03am 15/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.85 |
Change
0.015 ( 0.95 %) |
||||
| Open | High | Low | Volume | ||
| $1.85 | $1.85 | $1.84 | 45662 | ||
| Last updated 10.21am 15/05/2024 ? | |||||
| BGL (ASX) Chart |