BGL 3.25% $1.43 bellevue gold limited

MD, page-21

  1. 1,756 Posts.
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    BGL had 4 rigs, and now 5 going hard at it, but the size of the upgrade will depend on when the cut-off date was for the Geos who are preparing the resource upgrade.

    The drilling is ongoing and it won't all be included in this Res Up, but with the number of rigs they now have drilling, it will be interesting.

    Current MC is around $350m, but the numbers are all speculative until the Res Up is published, I think your expectation may be a tad optimistic, but having said that, you won't hear any complaints from me if you're correct Ev
 
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