Was running the ruler over BCN but what concerns me is the high capital structure. 3bn shares and another 900m on options. Massive shares on issue.
making a good profit currently but cash costs last qtr was above 1250 which isnt that flash when you compare to other top tier goldies that punch below 1000 oz. Throw in AISC this is much closer to pfs gold price.
it's fine when gilds trading this high but it isnt the first time fortunes in commodity prices have reversed overnight. .
keen to hear why others are so fixated on bcn with other goldies punching well below 1200 oz on aisc let alone cash costs?
BCN Price at posting:
4.3¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)