BCN 4.17% 2.3¢ beacon minerals limited

Ann: Beacon Doubles Resource Inventory, Mine Life Extended, page-17

  1. 899 Posts.
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    Stocktake - based on the knowns, we now have additional $50Mil added to the coffers. Currently MC $125M + $50M = $175M. SOI of say 3.8B, should the share price of BCN now hovering around 0.046 cps based on concrete facts? What am I missing in my calculation? Is this seriously undervalued based on facts? or what are the risks? (gold price?)
 
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