BCN 0.00% 2.5¢ beacon minerals limited

Ann: Beacon Doubles Resource Inventory, Mine Life Extended, page-24

  1. 910 Posts.
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    A real juxtaposition / everyone loves dividends but the problem I see is that Beacon being such a small company needs to play to it's strengths which is the management team they have , in other words they need to plow profits back in and get big quick , acquisitions are a great start but infrastructure needs serious cap investment and at 1 gram per tonne you need huge volume to be profitable yes this management team can do it but create a 5 year plan verses a 20 year plan which would mean constant cap raisings which negates paying divies
 
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