Based on the above table, BCM has to move 4 - 5 times the amount of ground as MEI to recover the equivalent REE/TREO.
BCM economics will never match MEI, it's costing 4 - 5 times more in processing.
That's the real reason MEI has a bigger MC.
If BCM can strike some higher grades then it might bridge some of the gap, but without a sizeable resource above 2,000ppm it's never going to be even close to MEI MC.
Ann: Massive Maiden Mineral Resource for Ema Project, page-45
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Last
2.2¢ |
Change
0.004(22.2%) |
Mkt cap ! $18.27M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.2¢ | 1.9¢ | $12.44K | 643.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 887002 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 103654 | 3 |
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| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
2.0¢ |
Change
0.004 ( 11.1 %) |
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| Open | High | Low | Volume | ||
| 1.9¢ | 2.0¢ | 1.9¢ | 91806 | ||
| Last updated 12.16pm 05/06/2024 ? | |||||
| BCM (ASX) Chart |