That's me in.
Besides BGL's address, Australia, some successful neighbours; the truth machine's consistent creamy grades, and; BGL's recent cashing up to ~ $20.45M CR at $0.55; they're only big pieces of my investment thesis, not the trigger(s) this time. Trigger one is POG heading north outside its seasonal pattern as the USD may have peaked.
The trigger in this partly brownfields exploration/development is the MANAGEMENT, Straight and simple, their discovery cost ($15/oz) and, geo interpretation (that unexplored other side of the shear bit).
Unless a t/o by one of BGL's neighbours -- with that concentration of mines and infrastructure Bidding War is a real probability -- I'm taking not quite "colossal patience," but rewarding patience.
OV
PS The Macquarie estimated AISC of ~$840/oz with a 8 year LOM is a nice kicker!
Ann: Significant Strike Extensions of Viago & Tribune Lodes, page-6
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BGL (ASX) to my watchlist
 (20min delay)
|
|||||
|
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 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| BGL (ASX) Chart |
