BCN 0.00% 2.3¢ beacon minerals limited

1) Could be, but now they've committed to building their own...

  1. 261 Posts.
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    1) Could be, but now they've committed to building their own plant and started mining, the price they'd accept would be a LOT higher than current share price. I personally think that time has come and gone and they'll mine this and keep exploring the numerous gold hits they got while drilling for water (good problem to have - finding gold when they all they wanted was water)

    2) They've shown in the past with their last mine they paid out nearly half the company market cap in dividends. Directors have too many shares to sell on market without hammering the share price down so dividends will be a good option for them.

    3) It depends on what the share price is at that time. If this run continues, the production value could well be already built into the share price by that time. It's a case of FOMO now!

    4) IMO, a truly special opportunity in all our lives with Beacon. I'm in for the long haul and looking forward to the divis.
 
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