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0.00% 2.5¢ beacon minerals limited

Ann: Letter to Shareholders, page-112

  1. darp
    528 Posts.
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    15/07/24
    22:38
    Post #: 74765026
    "The mill has processed feed at a very low grade up til now. The Lady Ida ore is 2 or 3 times richer and so, for the same thoughput, in my opinion, we will come out well ahead over the same time frame." If that is true, then I agree. Grade is incredibly important for profits. Anyone here think the grade at Ida is not 2x prior average for Beacon?
    BCN Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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