BCN 4.35% 2.2¢ beacon minerals limited

Consolidation needed, page-51

  1. 6,147 Posts.
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    i'm just rationalising what it might take to get the SP to start moving up in a susatined trajectory and break overhead resistance at 4.2c
    I agree its cheap to strip being shallow, im hoping if we get some high grade veins in McP they can be blended in and used to bump up the overall grade, at the moment that would be to blend into the weak spots in year 5 and 6 in the LoM schedule, I cant see deposits being defined in time to have any change to next years schedule of deposits. any higher grade hit from McP could aslo be blended with Big Cat and Lynx when they get added to LoM... it all depends on whether we find any narrow higher grade veins on their own or if they are surrounded by lower grade anyway.

    I suppose if gold jumps to 2300USD+ by the end of the year then it will matter less about having lower grade in the schedule
 
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