BBX
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0.00% 24.0¢ bbx minerals limited

100% ore! Avg 40g/t Au 1km x 200m to EOH all holes, OP mining 2019, page-35

  1. fmx_rider
    1,096 Posts.
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    08/10/18
    15:13
    Post #: 36037767
    Are you are suggesting BBX will go straight to production self funding? no PFS, no FS, therefore no JORC Reserve?

    Gold companies are valued on cashflow/profit in the short term, Reserves in the long term. BBX would be rated lower against peers on a Reserve basis in that case. I assume you are banking on bucket loads of profit in the short term to compensate?
    BBX Price at posting: 20.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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