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2.22% 2.2¢ beacon minerals limited

MXR - What is the play and When?

  1. LongtimeW
    1,014 Posts.
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    26/06/23
    14:45
    Post #: 68473102
    MCR Current Market value $11m, potentially 169k ounces and only $4.5m in the bank. Dec 2024 they are out of money! Are we taking them over? At 4.2c that is $63 an ounce for the 80% we do not own. That would certainly help us and we would have a nickel/copper/lithium play thrown in for basically free.

    Does anyone have any local insights?
    https://hotcopper.com.au/data/attachments/5380/5380624-95f6fdbaa90974b595bb0c1a5733cf1e.jpg
    https://hotcopper.com.au/data/attachments/5380/5380627-a9a9f5cfa32984284fda2dd1ddfd6c2b.jpg
    https://hotcopper.com.au/data/attachments/5380/5380630-c327fd71a29124022919f37ab8ee1401.jpg
    BCN Price at posting: 2.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
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