Point of note for me is GS's statement
Black Cat’s Managing Director, Gareth Solly, said:
“At a time of high gold prices, we are acting to ensure that the Paulsens restart will occur in the September 2024 quarter.The Convertible Notes funding allows us to order long lead time items as well as stepping up our already successful internalrefurbishment program. Funds from the Convertibles Notes will be available on or before 31 December 2023 and will beapplied towards the refurbishment programs
It suggests that BC8 is well and truly at the bottom of the 'Orphan Period' and from now the free float should find it way into investment hands with obvious effect on price. Say 70c by start time, and $1.00 by first pour at nameplate.
IMO - not advice.
Ann: $9m of Funding to Accelerate Paulsens Restart, page-15
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Last
55.5¢ |
Change
0.020(3.74%) |
Mkt cap ! $246.1M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 56.0¢ | 53.5¢ | $1.455M | 2.651M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2300 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.5¢ | 51870 | 1 |
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| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| BC8 (ASX) Chart |