Im going to say it - pound for pound our deposit is potentially...

Im going to say it - pound for pound our deposit is potentially superior to VRC based on recent info presentations announced and metallurgical results and the market will be aware of this, not just my babble / comments - but in black n white

BKT have 131 MT average 10.9% TGC so you could say that we have 260 Mt at same grade as VRC LOL
VRC have 200 MT average 5.1% TGC

I think mine life details are similar - BKT at 25 years at this stage with IRR of 68% (excellent)

BKT have higher purity level at more than 99.1% and largest high grade deposit than peers
BKT have 280 million shares son issue (undiluted)
VRC have 1000 million shares on issue (undiluted) over 3 times more shares on issue than BKT so one could suggest BKT is undervalued by 7c / share and we should be sitting at 21c LOL

VRC shareprice 7c (rounded up )
BKT shareprice 14.5c


So if VRC have 200 Mt @ 5% grade verses BKT 131 Mt @ 10.9%

Anyway investors decide and at end of the day its about getting binding offtake agreements in place and proving to market both companies can deliver on the DFS/BFS (definite feasibility studies/ Bankable feasibility studies pre construction / and post construction

KEY is to derisk both projects as much as possible wouldn't everyone agree?

perhaps like some of us have done we hedge bets on both sides

G101