I might get shutdown pretty quick on this one but I think BGL is now well placed to start acquiring additional assets? Their run rate up to 1mtpa and mid term guidance getting to 150,000Oz - 180,000Oz on a high margin project gives massive buffer for what they can do next (after debt paid maybe). I know they have 10 years ahead at current mine but their script value is so well placed (2.3 Billion) to bolt-on another asset that is either producing or near production/development. Mirror the early NST days as Darren would have plenty of experience during those times. Maybe other projects have become too expensive as gold has ripped - no research done but quick fire potential mid tier companies with decent margin potential like PNR, OBM, SPR? others? Not sure just pondering what a BGL future looks like, probably make buckets of cash and pay dividends to long termers. I don't have stats or numbers to back up my theories - just theories.
Fun to watch
I might get shutdown pretty quick on this one but I think BGL is...
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 (20min delay)
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Last
$1.85 |
Change
-0.085(4.40%) |
Mkt cap ! $2.172B | |||
| Open | High | Low | Value | Volume |
| $1.92 | $1.92 | $1.85 | $5.954M | 3.178M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 21056 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.85 | 61760 | 5 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
$1.85 |
Change
-0.085 ( 4.28 %) |
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| Open | High | Low | Volume | ||
| $1.92 | $1.92 | $1.85 | 712799 | ||
| Last updated 15.59pm 30/05/2024 ? | |||||
| BGL (ASX) Chart |