BGH 0.00% 14.5¢ bligh resources limited

Trading at $2 million marketcap Debt fully repaid to Terrain....

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    Trading at $2 million marketcap

    Debt fully repaid to Terrain.

    Has cash to keep adminstration going thanks to HK investors + their deal with CGPL

    Farmed out 50% their flagship advanced gold project, near Leonarra, to CGPL & be free carried next 18 months

    Screen Shot 2016-03-07 at 9.18.25 am.png

    Note measured & indicated gold resource from late 2014

    Screen Shot 2016-03-07 at 9.15.59 am.png


    Surely given location of asset + resource proven,  EV can't be valued at circa $1.7 million???
 
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Currently unlisted public company.

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