Ann: Beacon Presentation Gold Coast Conference - , page-24

re: Ann: Beacon Presentation Gold Coast Confe... Viability, talk to Darryl

At 0.009 MC is $8,955,661
At 0.018 MC is $17,911,322
At 0.035 MC is $34,827,570

Existing JORC was 74,000 ozs in Dec, 2009
Plus,plus,plus all extra ozs since
Say 80,000 ozs at bare minimum

Gold price today $1,458 AUD

Mining, treating, all charges? $1,000.00 per oz
Say net to BCN shareholders minus all charges, wages, etc
$458.00 per oz x 80,000 ozs = $36,640,000

Net result is over 3.5 cents per share

Notwithstanding more resource, figures are meant to be rough and at a cost to extract, treat, and all associated costs at $1,000/oz show me where I am wrong

My sentiment - A so called screaming buy at 1 cent