The process flow diagrams produced for PAE investor presentation shows a tested and tried method of recovery. The levels achieved are high. I am not concerned about actually recovering gold.
Re take overs it would seem there are riper fruit for the picking than BARDOC. I would suggest the way they are positioned with cash in hand that they are not playing to be taken over.
With COVID shortness if real good of known provenance with secure trade overseas routes means BARDOC is poised in the correct position.
India will start requiring jewellery good again in a year or so as currencies collapse. The Knick in if reduced food supplies is some countries will further entrench golds upward course IMHO.
Covid has not gone away nor will it fir a CB long time it’s affects are legion