The most important thing is the DFS (Definitive Feasibility Study) which is due by the end of March. This is an extensive document which would bring in expert reports from consulting engineers etc. It is something which could be presented to another Public Company Board that may be looking to invest or acquire and could also be used in the financing process.
Brokers will be able to hang their hats on the DFS from a valuation perspective.
Other than that, further drilling results from the 40,000m drilling campaign.
BDC Price at posting:
7.7¢ Sentiment: Buy Disclosure: Held