TSXV:BARU - Post Discussion
Post by
brodeur on Aug 20, 2024 8:29am
Baru.v - Gold >$2500 | $1.6m GP per month
When Baru gets the permit back and based on previous plan for 1k oz production per month at $900 cost per ounce, that's $1.6m gross profit per month.
$19.2m gross profit per year.
Thats sufficient funds for drilling without needing dilution, increasing resources. Since only 10% explored likely high upside to get to the rumored 2m oz gold at Sangihe.
$5m market cap, it's likely a very nice appreciation once all the above is executed.
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