Bevter. You need to calm down. The maths are really simple and compelling.
For a 2c investment today you are likely to return 5c over the next 5 years based on current reserves. That's a simple average return of 30% p.a. plus return of capital. Most punters would kill for a return like that.
Other positives are: (1) McGarry and Greenhill are highly regarded and each has an ethical history; (2) further reserves are likely to be proved up; (3) actual production and cash inflow will begin in about 6 months; (4) the gold price may start to creep up again and (5) BCN receives its income based on a USD price yet BCN costs are in AUD.
So your big decision is to invest at 2c and rather than an option at 2.5c, other than that dilemma this is a no stress investment.
Sit back an enjoy the ride.
Cheers................Daicosisgod.
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $86.40M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.2¢ | $64.42K | 2.833M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 2315395 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 75535 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 2315395 | 0.022 |
3 | 272600 | 0.021 |
6 | 4801841 | 0.020 |
2 | 70000 | 0.019 |
1 | 1000000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 75535 | 1 |
0.024 | 953987 | 4 |
0.025 | 1378537 | 4 |
0.026 | 517036 | 3 |
0.027 | 125000 | 1 |
Last trade - 15.32pm 16/08/2024 (20 minute delay) ? |
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