BCN 3.70% 2.6¢ beacon minerals limited

Ann: Beacon's Resource and Reserve Statement 2023, page-25

  1. 983 Posts.
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    $3,010 Aud an ounce 30,000 ounces = $90m revenue FY23/24.

    Cost per Ounce $1,900 = profit $33m FY 23/24.

    Per share $0.0087 profit * 6.2 PE (average) = 5.4c

    If we get costs down we are more in a great profit loop.

    I just think the market doesn't see the value, they cannot understand how a business should function correctly and make a profit. I look forward to the year ahead.
 
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