BGL 1.52% $2.00 bellevue gold limited

I agree dwayne. The EV/oz is 360 plus on current prices and...

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    I agree dwayne. The EV/oz is 360 plus on current prices and resource. For a better comparison, here are a few other explorers/developers
    https://hotcopper.com.au/data/attachments/2324/2324278-a72b577a43483319b5a8ce98442e34a0.jpg
    This graph is a few months old and we are comparing like to like. The historical EV/Oz for developers is around $50 to 100 EV per Oz. So we are indeed expensive on that front. Spectrum is obviously a anomaly as I believe RMS greatly overpaid for them due to vicinity.
    We can't compare our numbers to SAR, EVO, etc as they are already producing at these high gold prices (we are 12 to 18 months away) @lanek

    G
 
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