They promised a multi million oz asset some years ago. They delivered something between 60 koz (estimation Randgold) and 400 koz (non Jorc estimation Joyce).
It's imo naive to believe they could had create additional shareholder value with 15 Am$ for gold aquisitions.
I'm happy that we will have the coming gold cash flow. It gives us a unique selling position within Li peers. But in comparison to the expectations some years ago the gold projects are a big disappointment.
Old BoD had one lucky punch with the Lithium acquisition. It's imo highly unlikely that these dilettantes will have a second one in their life...
BGS Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held
