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24.0¢ bbx minerals limited

Prospective valuation, page-6

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Midnight26

4,791 Posts.

385

21/04/17

16:08

Post #: 24198753
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Originally posted by Smite ↑

Thanks midnight, you clearly believe that the prospect is significant like the ones in those mines.

So let's say there is gold under there the size of those mines you mention. Let's be conservative and kept it to just gold and 70% of the size of those other mines.

What would that traslanslate to in terms of market cap? What sort of costs would be on the horizon to move into a production state and when would be the highest point for share price... Is it after they go into production or before ? Is a sell off of the tenement wanted? An acquisition ? Or production without acquisition?

I think you can tell I am trying to devise my exit strategy. I wanted to take some level of knowledge and build criteria for the right time to sell. I don't want to be one of those holders that just holds forever without realising capital.

Thanks
Alex

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I've said enough. Be conservative and keep it to just 5% of the size of those other mines.

I haven't got an exit strategy for this baby monster.

BBX Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
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