Apr 20, 2026: East Coast Research: Leadership Talks with Brightstar Resources (ASX:BTR) Managing Director Alex Rovira

Plain text link: https://www.youtube.com/watch?v=k_D30O70sAs

https://brightstarresources.com.au/

Note: BTR already produce gold, however that's via an Ore Purchase Agreement (OPA) with Genesis Minerals (GMD) so GMD are producing gold for BTR (using BTR's ore) at GMD's Laverton Mill, however GR Engineering Services (GNG) are now building a brand new gold mill at Laverton for Brightstar (BTR), so BTR will be producing gold next calendar year from their own mill. This is important because Genesis (GMD) are going to fill up their own Laverton mill from their own ore, with part of that ore coming from the Lady Julie deposit that GMD are currently acquiring via the the acquisition of Magnetic Resources (MAU).

Here's an excerpt from BTR's Record Processing Campaign Delivers 7,900oz Au Production announcement yesterday (Monday 20th April):

Disc: I hold BTR shares in my SPF (speculative company portfolio). I rate them as still being "speculative" because they are developing two new mills, so there is execution risk. Not exploration risk any more, but a different type of risk. But there is still risk with this company that does not exist to anywhere near the same extent with an established gold producer, particularly a gold producer who is producing from 2 or more of their own mills, like GMD. My approach to this sort of risk is via position sizing, so higher risk companies are smaller positions for me, and lower risk companies tend to be larger positions. BTR is currently the largest position in my SPF (speccy portfolio) but all of the positions in that portfolio are sub-$25K, with most being $5K to $12K each (current market value), and in my SMSF, IPF (income portfolio) and pending ISA (income stream account), position sizes are/will be, on average, at least 3 times that big, with individual positions in those other PFs ranging from $50K up to $150K, so I don't throw the farm at companies like Brightstar, but I still like to have some exposure because of the potential upside. Currently BTR is one of 14 positions in my SPF.

23-Nov-2024: East Coast Research: Brightstar Resources Limited - On the way to becoming a serious WA gold producer [.pdf]

Here's the first page (below) - click on the link above for the full 54 page report.

Disclosure: Not Held.