Barton Gold Holdings Limited (AU:BGD) has released an update.
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Barton Gold Holdings is making significant strides in its gold projects with a promising initial scoping study at the Tunkillia Gold Project, outlining a competitive operation and a substantial 40% unlevered IRR. The company’s financial health is robust, boasting an $8.8 million cash reserve and no debt, enabling continued investment in its Tarcoola and Tunkillia projects. Additionally, Barton has seen an increase in stakeholder investment with Collins Street Asset Management raising its position significantly.
For further insights into AU:BGD stock, check out TipRanks’ Stock Analysis page.