Colin and Charles are working for peanuts with all of the preliminary work. This has to be a huge saving in itself. BMV is based in Phillipines so admin costs would be negligible. Water purification plant will be heavily subsidised by MIRECO. I'm not sure if they can do the Feasibility Study under their stated budget, but who am I to doubt that these guys couldn't?? They're absolutely amazing, these two guys.
They'll wheel and deal with KORES for drilling, clean up broken ore (that might be several g/t), maybe the tailings might have 1-2 g/t ( better than many open pits) and have many more ounces than expected.
Their actions atm are telling us that they like our chances of good things happening.
SAU Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held
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