I don't see a T/O happening. With HANNE and other sites (Kondji, south etc) looking like they will be drilled extensively it makes sense for Morilla/Rangold to sit back and take commission. Huge risk short/mid term for them to offer $$$ as a T/O. Even after JORC they have way more overheads than us. Overheads important here with volatile gold price.
"The benefit to this is that they can leave the exploring and "risk" to third parties!"
Exactly - which is what BGS is. I see Kev as a passionate GEO at the head of a well placed explorer. The MOU is a very well aligned mutually beneficial relationship between Morilla/Rangold and BGS.
Look at the explorer/mining graph I posted - The feasibility/development/startup (orphan period) is DRASTICALLY cut back with the MOU.
Kev wants access to $$$ in = drilling/tenement $$$ to spend. Remember Liberia project is also in the pipeline.
BGS Price at posting:
2.1¢ Sentiment: LT Buy Disclosure: Held
