BCN 0.00% 2.3¢ beacon minerals limited

826,000 Tpa and 2,669 ounces per Month, page-11

  1. 1,492 Posts.
    lightbulb Created with Sketch. 126

    Today is last day of the quarter 2, and from our announcement a few weeks back the mill is producing at a rate of +820ktpa.

    - Blends of type of rock as change 70/30 hard rock/clay material which has help improved processing.
    - The company has +15 million in cash
    - Company as mentioned future acquisition
    - More marketing next year (presentation, and assume update website shortly?)

    Personally I think the acquisition will be the key catalyst to get this SP moving IMO (high grade UG).
    I am hoping for this to happen early next year, Quarter 2 numbers cashflow is completed, management buying 3-4 weeks back (outside blackout period). To me seems like a lot lining up...

    I would assume by next FY we will be ramping up to get 40-45k oz PA.

    Happy new year all and BCN team
    DYOR
 
watchlist Created with Sketch. Add BCN (ASX) to my watchlist
(20min delay)
Last
2.3¢
Change
0.000(0.00%)
Mkt cap ! $86.40M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
10 868071 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 815122 4
View Market Depth
Last trade - 16.12pm 12/09/2024 (20 minute delay) ?
BCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.