OTCQX:BGMZF - Post by User
Post by
boss_wazon Jan 15, 2015 11:34am
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Post# 23323250
[Debt?]
[Debt?]Volume might suggest there are those who feel this DEBT is a problem with a solution.
BL can produce 300k tons on this permit (lost track it may be higher/lower).
If nov/dec operational returns come in rosy (meaning near the $800/ton cost figure) then @current $1500 Can POG, profits on the remaining tonnage could service much much debt....(and BGM could take on more to achieve the 'plan').
If the permit is extended...?
If another 'pit' nearby is permitted...?
If POG continues up...?
If gpt is higher than estimated...?
If Uncle agrees...?
All these factors could improve the situation even more...