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6.25%

59.5¢ black cat syndicate limited

Ann: NST: NST divests Paulsens and Western Tanami Projects, page-38

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Bails27

3,011 Posts.

1057

18/04/22

10:06

Post #: 60892549
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Originally posted by copperroad: ↑

Thanks for the details. Better than I thought. Bc8 picks up 2x complete Mills, resources, exploration upside and mining accommodation. Don’t forget the other 2x mills at Kal East. The limited list of emerging producers are yet to secure mills and are largely postponed. Their numbers don’t work and many don’t have this grade anyway. There are mines out there with less than half this grade, less resources , no mill, no camp and higher market cap on one mine.
As previously mentioned, good luck building all this today. You could expect major time delays and cost blow outs. That isn’t ending any time soon after a 2 year WA lockdown phase. It’s taken years and tens of millions off Bc8’s expansion plans. It’s taken less money that it takes to replace the smaller mill. In other words, this is highly accretive for shareholders Even after any dilution. It’s a master stroke and even better than picking up the other accretive deal from Silverlake. Looking forward to reading the details.

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I'm pretty damn glad i increased my holdings by a third a bit back in the 50s.

I think this is a long hold from here.

BC8 Price at posting: 68.0¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

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(20min delay)
Last 59.5¢		Change 0.035(6.25%)		Mkt cap ! $263.9M

Open	High	Low	Value	Volume
56.5¢	61.0¢	56.5¢	$2.955M	4.968M

Buyers (Bids)

No.	Vol.	Price($)
1	22860	59.5¢

Sellers (Offers)

Price($)	Vol.	No.
60.0¢	59025	3

View Market Depth

No.	Vol.	Price($)
1	22860	0.595
2	67094	0.585
2	120000	0.580
2	57952	0.575
2	120000	0.570

Price($)	Vol.	No.
0.600	59025	3
0.605	164800	3
0.610	131917	2
0.615	143300	4
0.620	27541	8

Last trade - 16.10pm 18/10/2024 (20 minute delay)

BC8 (ASX) Chart