BAB 0.00% 7.8¢ bullabulling gold limited

FWIW the conference call tomz and now it appears Nortons boss...

  1. 150 Posts.
    FWIW the conference call tomz and now it appears Nortons boss Chen is to visit the UK to appeal directly to UK pi’s, well it smack of desperation to me and a strong indication NGF know their TO offer is failing badly.

    It’s their own fault for trying to be far too greedy in offering less than half of what experts BDO suggest BGL is worth. A 3.75million oz goldfield in a safe country with cash costs probably at $875/oz will get JV'd or TO'd eventually.

    China's biggest gold producer didn't come bidding for BAB before everyone else for no good reason! POG now at $1310/oz, BAB have 3.75m oz, all in cash costs of about $875/oz. Do the maths.

    For those that have sold good luck, but the vast majority of shareholders who remain need to make sure we don't sell out dirt cheap to the 1st buyer who comes knocking on the door!
 
watchlist Created with Sketch. Add BAB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.