Hmm, tell me another producer with a measly MC of usd 160m with the acreage bdr has and the high probability of great exploration results for years to come. You couldn't even build a plant for anywhere near that money. Add to that a revamped plant that should ensure we are consistently profitable for many years to come with a reasonable pog. You keep going on about the past and better value goldies elsewhere. If bdr' MC was $500m, I might agree with you but we are talking value at current 17.5c.
Yes, the past was crap but investors buying now is how money is made. If you want bank interest type gains, buy nst at $6. No doubt nst is a far superior company to bdr but that's not comparing apples with apples. I'll stick my neck out and predict we should be at least 50c by this time next year. We can then start discussing if bdr is at full value or not at that point.
Cheers
BDR Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
