Bonterra… when will production begin?



With the mill in order since MTO takeover… when do you think BTR will begin generating free cash flow?

I think BTR will finally catch a bid when it begins producing, but the big question will be… will kirkland take them out before that happens?

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  • Edit

    aumonster, a couple of points.

    everyone waiting on BTR updated resource for gladiator and barry,

    the longer it goes the higher the resource...

    larger # easier to negotiate higher value in merger and acquisitions.

    a  rough timeline has been given for production, both in terms of tonnage and production forecast of ounces produced rate/year.

    all is playing out nicely.

    we must be patient.

    enjoy any info which comes next Thursday from Burrard st. Vancouver at the BTR  annual general meeting....

    Can anyone come up with a similar or better project in a friendly mining jurisdiction with such a fast track to production?  With a Mill to be expanded? And not needing a couple hundred million $$$$$ to build a new mill...

    And a neighbour with 800000 m drilling? which needs a mill?

    And both having a big brother and overwatcher who have combined contributed $80 million to BTR and OSK in their recent development.

    I think it would be nearly impossible.

    Stay confident and true with your investment decision.

    The billionaires are taking large steps.

    And we will also take large strides as the value of BTR is realized...


  • Edit

    Now through the BTR update we have learned it will include Gladiator, Barry and Moroy in the RE this spring.  It is showing the full meal deal to KL on what it has to offer.  In the meantime, work on updating the Mill.

    Interesting things happening in the area.  They may have an impact in terms of a major interested in the whole package, including OSK.

    More on that later...

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    The fact that limited info is coming through is telling in my opinion.  Not misdirection, rather an indication of confidentiality agreements, and talks behind the scenes...

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    Free cash flow is an important aspect.  Prior to that we will see the updated RE for all 3 of BTR properties.  This may be enough for KL.  Everyone knows the cost of updating the Mill.  Trucking costs for the ore just over 100 km away will be similar or less than what was interpolated into trucking for OSK.


  • Edit

    The mining industry has hardly twinkled its light during this long downturn.  Wheels are now turning in the other direction, even with one or two more drops in gold and push up in the $US, then end is near.

    Gold price will be in gear.  $1400 will come sooner than later...