Anyone except BGL, pay out the Macquarie loan and rid the existing hedges.
Then work out a deal with existing share holders. Can't see that being easy.
I think deep down they have been hoping the gold price will fall to a manageable level but think the time for hoping is over.
This is all going to depend on how much cash and how desperate a miner is to grow, slowing mining profile at BGL is not going to help.
This is one to keep an eye on, might get a very low entry.
Vault Minerals and Regis Resources lead running for Bellevue Gold, page-4
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Last
$1.00 |
Change
0.038(3.89%) |
Mkt cap ! $1.424B | |||
| Open | High | Low | Value | Volume |
| 98.5¢ | $1.01 | 97.5¢ | $6.442M | 6.514M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 264889 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.01 | 127258 | 14 |
View Market Depth
| Last trade - 10.34am 16/06/2025 (20 minute delay) ? |
| BGL (ASX) Chart |