The ASX’s technical interrogation has focused on the procedures and methodology utilised by BBX with regards its sampling and assaying.
It followed BBX’s reporting earlier this month of “preliminary metallurgical testing” yielding a combined gold result of 299.3 grams per tonne gold and 1971.6gpt silver from a 150kg bulk sample from one prospect, and the smelting of a 5kg sample yielding 360gpt from another prospect.
What investors make of the situation will likely hinge heavily on the level of their metallurgical knowledge.
Regardless, BBX’s summation of the situation isn’t overly compelling.
BBX Price at posting:
20.0¢ Sentiment: Sell Disclosure: Not Held