Im not surp'rised to see BCN stock at 2.3 today given today's sell off across the sector.
BCN has an enterprise value today of $86m less the $20m in cash and bullion = $66m
The 20,000 ozs held in ROM stockpiles at Geko and Jaurdi must have a value of at least $50m though it would take at least 6 months to process through the mill.
So what value the recently stated in-ground gold resources of 300,000 ozs.
And then there's the Lady Ida resources...are they coming to the Jaurdi mill ? What value there ?
And the 250,000 ozs at MXR's Wattle Dam project...are they coming to the Jaurdi mill ? What value there?
maybe I should buy more BCN .
MXR - What is the play and When?, page-18
Add BCN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.4¢ |
Change
-0.001(4.00%) |
Mkt cap ! $90.16M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.5¢ | 2.4¢ | $135.9K | 5.589M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 567374 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 700000 | 1 |
View Market Depth
| Last trade - 15.33pm 29/07/2024 (20 minute delay) ? |
| BCN (ASX) Chart |