BCN 0.00% 2.4¢ beacon minerals limited

Ann: Mt Dimer Maiden Ore Reserve Defined by Pre-Feasibility Study, page-23

  1. 6,005 Posts.
    lightbulb Created with Sketch. 603
    neither Dimer nor Lady Ida have moevd the needle because neither of them are going to improve margain
    Dimer is nice grade but high AISC
    Lady Ida, well there's lots to be clarified before we know the AISC and revised resource estimate, but given the haulage distance, I think it will be a higher end AISC also.
    Lady Ida also reduced our own prodiuction for the duration fo doing ounces for Geoda Lamerton

    yes it does increase our Life of Mine


    I agree with Revitup... its unrealistic to think of a buyback this year after the bad quarter, how much free cashflow will we have while having reduced production due to GL ounces, and also a drill campaign in Timor L'Este..
    that all points to a buyback, whether desired by G & G or not, is not a high likelihood in the next 12 months or possibly even 2 years
    I agree the consoliodation is a waste of time, i view it as having neutral effect on the share price

    so the forward guidance for free cashflow at least until GL ounces are out of the way is reduced.. hence no spark in the share price
    the Life of mine increases but not necessarily the profit margin.. again not a big driver for the sharprice other than the derisking through life of mine extension.

    we either need to find some nice new deposits that can lift margin in our current tenements or hit an elephant in TL to move the needle

    there is no point in further debating the terms of acquisition for Lady Ida... its done.. water under the bridge.

 
watchlist Created with Sketch. Add BCN (ASX) to my watchlist
(20min delay)
Last
2.4¢
Change
0.000(0.00%)
Mkt cap ! $90.16M
Open High Low Value Volume
2.4¢ 2.4¢ 2.4¢ $168 7K

Buyers (Bids)

No. Vol. Price($)
3 219136 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 1638742 7
View Market Depth
Last trade - 16.10pm 14/08/2024 (20 minute delay) ?
BCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.