BCN 3.85% 2.7¢ beacon minerals limited

Ann: Beacon to Pay Fully Franked Dividend, page-30

  1. 28 Posts.
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    ... because they didn't announce any resource in the deal. There may very well be gold there, but my point is that we paid $2.5M to find out, while the directors paid $10M for how many ounces? Seems like we fronted the cash to get their deal over the line.
 
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