So extra 100,000 ounces at $1,000/ounce profit. $100m to pay out $20m +12% interest a year (roughly $30m) We potentially get a $70m profit out of the deal. Without finding any more gold in the new leases.
1.8c a share profit from the purchase. I think we have had 2 debentures to fund activities before, so this one appears to me to be a good solution. It does erk me that as a long term shareholder I cannot participate in the debenture but speed in these things sometimes wins out for the company.
I do think this deal makes us a $300m+ market cap now but with anything BCN it will take time for the market to digest.
- Forums
- ASX - By Stock
- BCN
- Ann: Beacon Acquires Lady Ida Project
Ann: Beacon Acquires Lady Ida Project, page-23
-
- There are more pages in this discussion • 83 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BCN (ASX) to my watchlist
|
|||||
Last
2.6¢ |
Change
0.001(4.00%) |
Mkt cap ! $93.91M |
Open | High | Low | Value | Volume |
2.5¢ | 2.6¢ | 2.5¢ | $20.10K | 796.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1138143 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 1320389 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1138143 | 0.025 |
9 | 1594160 | 0.024 |
3 | 505869 | 0.023 |
2 | 1125000 | 0.022 |
3 | 299000 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 1320389 | 4 |
0.027 | 982962 | 4 |
0.028 | 9807869 | 6 |
0.029 | 2780433 | 8 |
0.030 | 4197385 | 12 |
Last trade - 11.17am 23/07/2024 (20 minute delay) ? |
Featured News
BCN (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online