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Ann: BCL Limited - Response to Shareholders Enquiries and Update, page-6

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  1. 22,120 Posts.
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    "The in-situ value quoted for the Maibele North JORC resource in the article, cannot be confirmed and BML is not in receipt of the estimated valuation numbers reported."

    Had to read the article but it gives a value of $1.9Billion Pula for Maibele deposit which using the current exchange rate of 1 Botswana Pula = 0.13c AUD is a value of $240m for Maibele


    This is why the resurrection of BCL and possible resumption of the plan to mine Maibele will have a huge impact on BML
 
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