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Black Cat Syndicate Ltd. ( (AU:BC8) ) just unveiled an update.
Dreadnought Resources Ltd has announced a strategic agreement with Black Cat Syndicate Ltd to commence mining operations at the Star of Mangaroon, leveraging Black Cat’s expertise and resources. This collaboration involves a joint venture for funding and development, with Black Cat managing contractors and providing up to $10 million in funding. The arrangement allows Dreadnought to focus on exploration while generating cash flow, aligning with its strategy to become a self-funded explorer.
The most recent analyst rating on (AU:BC8) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
More about Black Cat Syndicate Ltd.
Average Trading Volume: 6,274,970
Technical Sentiment Signal: Buy
Current Market Cap: A$772.9M
See more insights into BC8 stock on TipRanks’ Stock Analysis page.