$37.8M free cashflow @ A$2,600 ounce. Assume 2,100 ounces per month x 12 produced at ASIC of $1,100 per ounce. Mr. market has terribly mispriced valuation of BCN.
On a current monthly basis 2,100 ounces x $2,350 per ounce (part selling into a very small forward contract) produces free cash flow of $1,250 ($3,350 - $1,100 = $1,250) = $2,625,000 per month of free cashflow (EBITDA).
Cash and gold produced was worth $5,325,226 at December 30, 2019. So at end of March cash and gold total should be somewhere around $13.0M !!!!
Current spot is A$2,700 and rising. BCN are very smart operators and cash WILL be put to good use.
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.91M |
Open | High | Low | Value | Volume |
2.5¢ | 2.6¢ | 2.5¢ | $2.388K | 94.25K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1929133 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 416970 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1929133 | 0.025 |
6 | 1910118 | 0.024 |
8 | 910969 | 0.023 |
7 | 1248854 | 0.022 |
3 | 120095 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 397520 | 3 |
0.027 | 684321 | 3 |
0.028 | 8333170 | 6 |
0.029 | 5600643 | 12 |
0.030 | 3818842 | 11 |
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