Nah...i don't think so. Based on the past announcement BGL is fully funded to production. BGL will be mining its own gold. I am happy to be corrected.
- Bellevue Gold (BGL) says its namesake Bellevue Gold Project is fully funded to production with the help of an upcoming $131 million capital raise
- The capital raise comes in tandem with a $200 million loan from Macquarie Bank (MGQ) to help develop the project.
- The fresh funding boost follows a second-stage feasibility study for the Bellevue project that improves some key economic metrics
Likelihood of a takeover, page-2
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Last
$1.29 |
Change
0.045(3.61%) |
Mkt cap ! $1.650B | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.31 | $1.29 | $9.792M | 7.552M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 65000 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 29409 | 2 |
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| BGL (ASX) Chart |