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.
daicos: Correcting and formatting the previous...
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Last
$1.24 |
Change
-0.010(0.80%) |
Mkt cap ! $1.606B | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.27 | $1.23 | $9.132M | 7.356M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6000 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 89880 | 5 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| BGL (ASX) Chart |
