Ann: Advancing Gold Production in the Kimberley , page-7

re: Ann: Advancing Gold Production in the Kim... Does anyone have an estimate for what bnr should be valued at? It seems like a lot of work to Get to production, and a 30k oz pa project with 600$ margins



So optimistically... potentially an 18m pa business... With a lot of risk to get there.


Alternately at 15k oz pa and 300$ margins a 4.5m business pa.


Watching and waiting. If they can raise funding for this project I will be intrigued. More likely to come from a cashed up Goldie than a fund manager or bank.

Nst perhaps?