BCN 3.70% 2.6¢ beacon minerals limited

is cash backing 0.5c now?, page-38

  1. 22,120 Posts.
    lightbulb Created with Sketch. 20
    thanks for clarifying that

    I just did some reading and guess what? Black Oak went belly up so I hope to the stock gods that BCN management have kept abreast of the situation and are able to pounce and pick up those assets

    Black Oak went into Admin in Nov and Liquidators were appointed in March so the timing couldnt be any better for us

    That Sandstone resource is actuall larger than quoted because the last reserve update showed it as [email protected]/t Au = 478kozs Gold

    http://www.blackoakminerals.com.au/downloads/announcements/sxg20150804.pdf


    I wonder what something like that could be bought for from liquidators?
 
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