Ok people time for a new thread.... what’s everyone’s thoughts on a “realistic” share price target ( yes Midnight I love ya but let’s keep it in this universe ) on BBX once we finally deliver the following. * Trial mining licence ✅ * reliable, repeatable assay method✅ * assay results from drilled holes averaging plus 1oz ✅ * maiden JORC inferred resource 10mill oz plus * Pilot production to produce a gold bar and small revenue.
IMHO all the above are highly achieveable by mid 2019
ill get us started with a ball park stab $750 mkt cap which with roughly 400mill = $1.80 per share
obviously this is extreme back of the envelop stuff with many variables to consider and much work to do but all I’m trying to illustrate is the potential upside from 0.16c ..
please DYOR
BBX Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
) on BBX once we finally deliver the following.