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Blackham Resources executive chairman discusses 'transformational' expansion plans

Blackham Resources Ltd (ASX:BLK) executive chairman Milan Jerkovic updates Proactive Investors on new low capital cost staged expansion plans for the Matilda-Wiluna Gold Operation in Western Australia.

Jerkovic says, "The current plan we put in place gives us cash flow for ten years, to improve our position and improve that option to go to the next scale. So it's a transformational move that allows us to maintain significant production with decent cash flow while we try and extract value for the larger proposition."

He also discusses the market for gold, and the opportunities and threats presented by the current level of M&A activity in the gold space.

Quick facts: Blackham Resources Ltd

Price: 0.0095 AUD

Market: ASX
Market Cap: $80.74 m

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Blackham Resources aims to produce over 200,000 ounces gold per year from...

Blackham Resources Ltd (ASX:BLK) executive chairman Milan Jerkovic introduces Proactive Investors to the company's Matilda-Wiluna Gold Operation, and refined strategy for gold production from the prolific Wiluna Mine & Coles Find Shear areas in Western Australia. Jerkovic explains...

on 14/12/18

2 min read