BC8 3.57% 29.0¢ black cat syndicate limited

Ann: First Results from Fingals Fortune & Deeper Hits at Myhree, page-26

  1. 12,009 Posts.
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    BC8 should be over a dollar now. As they get closer to the first magic million ounces anything could happen. The market will go once they have clear sight on that. The ongoing drilling results and growing resource base should do the trick.
    If Mr market isn't in a bad mood, the stock should be closer to $1.50 imo. That sort of number is easy to calculate based on comparative deals. They have the right combination required to hit the price. Location, management, grade, exploration success, exploration upside, access to a skilled workforce, permits, high recovery rates, open resources, 5th largest land holding in a tier 1 area, close to several producing mills, surrounded by infrastructure, high gold price environment, track record of financial backing, supportive brokers, experienced plant developer on board, management backs options and placements, right market for debt funding if required and a strong development track record and silverlake as the major shareholder. I am sure i missed other things but you get the picture. This just requires some more patience as deal with volatile markets. The fundamentals remain solid to me even with a stacked offer. That offer looks dodgy and designed to suck up cheaper stock. It is outside its usual trading pattern. dyor
 
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Last
29.0¢
Change
0.010(3.57%)
Mkt cap ! $109.5M
Open High Low Value Volume
29.0¢ 29.5¢ 29.0¢ $63.04K 217.0K

Buyers (Bids)

No. Vol. Price($)
12 269732 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 142786 7
View Market Depth
Last trade - 10.44am 25/06/2024 (20 minute delay) ?
BC8 (ASX) Chart
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