However no other asx listed company has a deposit that can spit out 250-300koz/year AuEq at less than US$200/oz AuEq = some serious cash flow.
This, together with likehood of further resource upgrades is the reason why they are relatively expensive on EV/oz basis. If they can push the resource base and obtain the capex funding then another upgrade to producer and mid-tier status is likely imo.
Also, BSG was taken out for $1B by CXC with lower grade resources....
AND Price at posting:
$1.60 Sentiment: Buy Disclosure: Held