something I though about when reading the announcement.. but I...

something I though about when reading the announcement.. but I could be being to simplistic?

IMO
Planned cashflow is needed to fund development.. i'm meaning LOM, plant & machinery, increased fuel..

If what BCN spent and made in the last 12 months (which included the $14m land buy & divies) can be secured on "70%" of production oz's over the next 12 months
Then the $$$ needed cover increased costs, Plant & Machinery, and exploration of current and McP is already anticipated in the "70%"..

leaving 30% of production oz's for more.. land/divies/warchest?? ..and time to focus on the business of doing the business.

I keep hearing on the finance news..VIX?? ..volatility index.. is being off the chart.. I am not 100% sure what this is..but I dont like seeing the resulted wild swings.. so I am happy to keep going with managements decisions.. my small holding here is not heading north like a rocket..but its heading north..not south

Really good to see and learn from ALL the considered points posted for BCN.. thank you

I'm happy to buy in more if anyone is that disappointed that they want to dump their large holdings..lol

DYOR