BCN beacon minerals limited

BCN bought into MXR to mine the land AAR now want when BCN had...

  1. 1,132 Posts.
    lightbulb Created with Sketch. 551
    BCN bought into MXR to mine the land AAR now want when BCN had no viable land at the gold price level. Now the price has rocketed and we have bought more land holdings things have changed. Colin bought in as a play to takeover MXR when the time was right. Things changed quickly when Lady Ida came into play as trucking from MXR land was a long run to the plant. Fast forward we are now a 5% holder of AAR and think with Colin a 10% stakeholder or close too. Biggest holder if they stick together. Long term play is AAR and BCN merger as succession plan would have to be on people's minds for the BCN directors. If AAR get up they have a strong board and a 10% holder who already runs a production facility. I'm just spit balling here, DYOR. Once we finish mining waste and just sending ore to plant the fleet magically ends up at AAR/MXR land to start mining while AAR build their plant. It could actually be a smart tie up if things play out. If AAR get up a production facility and BCN merger sky is the limit. You could see a 150k to 200k production company per year with $700m in revenue. DYOR
    https://hotcopper.com.au/data/attachments/6856/6856086-0cf123d6a70fc8b1359a7bd10fa22c44.jpg
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.9¢
Change
0.001(3.57%)
Mkt cap ! $122.5M
Open High Low Value Volume
2.8¢ 2.9¢ 2.8¢ $158.2K 5.630M

Buyers (Bids)

No. Vol. Price($)
4 10992492 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 8696639 13
View Market Depth
Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
BCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.