BCN 3.70% 2.6¢ beacon minerals limited

$37.8M free cashflow @ A$2,600 oz. py

  1. 4,747 Posts.
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    $37.8M free cashflow @ A$2,600 ounce. Assume 2,100 ounces per month x 12 produced at ASIC of $1,100 per ounce. Mr. market has terribly mispriced valuation of BCN.

    On a current monthly basis 2,100 ounces x $2,350 per ounce (part selling into a very small forward contract) produces free cash flow of $1,250 ($3,350 - $1,100 = $1,250) = $2,625,000 per month of free cashflow (EBITDA).

    Cash and gold produced was worth $5,325,226 at December 30, 2019. So at end of March cash and gold total should be somewhere around $13.0M !!!!

    Current spot is A$2,700 and rising. BCN are very smart operators and cash WILL be put to good use.
 
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2.6¢
Change
-0.001(3.70%)
Mkt cap ! $97.67M
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2.7¢ 2.7¢ 2.6¢ $10.70K 406.6K

Buyers (Bids)

No. Vol. Price($)
5 654301 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 4224807 4
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Last trade - 13.25pm 08/07/2024 (20 minute delay) ?
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