daicos: Correcting and formatting the previous table:
Company......SP...... MCap......Shares on Issue.......Reserves
BGL.............0.595....0.290Bn.......468M...................1.53Moz @ 11.85g/t (inferred)
SAR.............2.79......2.288Bn........820M..................2.5Moz @ 1.9g/t (proven & probable) -> 4Moz in 5years
SBM.............4.50......2.358Bn........524M..................5.7Moz @6.7g/t (proven & probable) at Gwalia
So my take on this is, that IF BGL can get to 3.0Moz proven and probable, if they build a plant ($$$ required and some infrastructure exists) and if they start producing then a 2.0Bn MCap is reasonable and that equates to a MCap (and SP) multiplier of 6.9. That will take longer than a year!
Sounds like a good target to me.
Ann: Significant Strike Extensions of Viago & Tribune Lodes, page-13
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