I am sure the company management will look at all their production options when the time is right. We are lucky that they are very experienced. I think drilling 3km per month is impressive.
Sellers come and go for so many reasons we will never know. We can get false leads reading into why they do things. That is why I stick with the fundamentals as often as possible. This is a very aggressive exploration company in a known gold field with previous high grade hits across different areas. No one knows anything as to its true potential just yet. I personally think it’s worth more than $18m from what we can read in the news feeds and prospectus. Their early estimates on some of the previous areas is between 300,000 and 450,000 Oz in their geological model.
Don’t forget the other targets that display gold at surface but have not yet been drilled. What about the depth potential and 5km of strike. A lot of this area has not been drilled properly through fractured ownerships. It’s a smart move these guys pulled this together. They can really put together a decent resource. Good luck.
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I am sure the company management will look at all their...
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Last
68.5¢ |
Change
0.030(4.58%) |
Mkt cap ! $161.9M |
Open | High | Low | Value | Volume |
64.0¢ | 70.5¢ | 62.0¢ | $3.786M | 5.743M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 11823 | 68.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
68.5¢ | 135873 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 37469 | 0.385 |
1 | 14849 | 0.380 |
2 | 58500 | 0.375 |
3 | 107783 | 0.370 |
4 | 186557 | 0.365 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 108730 | 2 |
0.395 | 178353 | 4 |
0.400 | 608864 | 10 |
0.410 | 210000 | 2 |
0.415 | 20000 | 1 |
Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
BC8 (ASX) Chart |