Australia's largest stock trading and investment forum Australia's #1 stock forum

BBX

Click for more information

0.00%

24.0¢ bbx minerals limited

Oh... its that type of conversation... Ok leave it with you....

First 16 Last

Share
Profile

Follow
gosouth

2,582 Posts.

39

16/06/18

17:07

Post #: 33758011
Share

Originally posted by Midnight26 ↑

Ya think? More research required mate. There's no way in hell Drake and their friends will let this project stall through a lack of funds. The banks (if we need the them) will be on their hands and knees begging to get a piece of the action when we announce +50Moz JORC and we've got a pilot plant spitting out gold-silver-PGM bars every week. Any funds will be easy to come by and on very favourable terms. A 1-2tpd pilot plant will provide some decent cashflow on it's own ($10-30,000/day).

Every stock has an opportunity cost to holding but we're gonna be producing within weeks progressing to commercial mining next year. Most mining companies need to spend 3-6 years drilling out the resource and conducting mining studies (with lots of CRs) before they can even reach the stage where they can approach the banks and any mining can proceed. Anyway, with ~5% free float I reckon it's too late to try building a large holding.

Expand

Oh... its that type of conversation...
Ok leave it with you.

Gosouth

BBX Price at posting: 19.0¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

EDE

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

AN1

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

HotCopper Highlights: Your most watched stocks for Week 46, 2024

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

There are more pages in this discussion • 79 more messages in this thread...

First 16 Last

Add BBX (ASX) to my watchlist