BCN 13.0% 2.6¢ beacon minerals limited

Ann: Beacon Presentation Gold Coast Conference - , page-36

  1. 8,310 Posts.
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    re: Ann: Beacon Presentation Gold Coast Confe... The two mill owners are catalpa resources (the closest at Westonia) and Saint Barbara, about 250-300km at Marvel Loch.

    Until recently, St Barbs had made a friendly takeover bid for Catalpa who rejected the offer. Catalpa is now in M&A talks with Qld-based Conquest Mining, who are jointly looking at acquiring Newcrest's Qld gold assets.

    St barbara are considering their next move.

    There is a 3rd option, in Coolgardie that regularly treats 3rd party ore, but the distance is probably cost prohibitive as well.

    If you really want to stretch the question, there is a prospector in Southern Cross that has his own Battery ;-)

    BCN hope is SXG reach their critical mass for starting up their own plant at Marda (<100km away) for potential synergies, or find the gold themselves.

    I hope this helps. DYOR gents.
 
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