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4.35%

2.4¢ beacon minerals limited

Ann: Beacon Acquires Lady Ida Project, page-101

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Mikey2free

1,163 Posts.

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06/04/23

15:26

Post #: 67173509
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Originally posted by drpinks: ↑

@charlie's Bucket
A $1.00 share!? Assuming all these newly issued options get converted that takes the SOI to around 4.2 billion. There's no way this is a $4.2 billion company. And the major issue of the ridiculous SOI gets worse - this isn't attracting sophisticated investors at all. I believe any looks at a solution to this were off the table until the last capital raise options had expired. With the issuing of these new options I assume no changes are going to be entertained until these ones expire as well.

The mill is already running over capacity. Without increasing grade, the only way to produce more gold is to build another plant, so doubling the size of the acquisitions is pointless unless that happens.

What is up with the 4% fee the company will pay on the debentures? Is this common practice?
12% PA return on the debentures, no doubt if they made these available publicly everyone here would apply - excluding dividends it's a far better return than BCN has provided over the past few years of stagnant / downwards share prices.

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This is a 4.2 billion dollar company you just aint forward projecting

BCN Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.4¢		Change 0.001(4.35%)		Mkt cap ! $90.16M

Open	High	Low	Value	Volume
2.4¢	2.4¢	2.3¢	$131.0K	5.484M

Buyers (Bids)

No.	Vol.	Price($)
1	51	2.4¢

Sellers (Offers)

Price($)	Vol.	No.
2.5¢	1441945	3

View Market Depth

No.	Vol.	Price($)
1	51	0.024
6	3511088	0.023
13	5462438	0.022
13	3961972	0.021
7	4139507	0.020

Price($)	Vol.	No.
0.025	1441945	3
0.026	2227324	5
0.027	349333	2
0.028	2146150	1
0.029	1787692	3

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