Bevter. You need to calm down. The maths are really simple and compelling.
For a 2c investment today you are likely to return 5c over the next 5 years based on current reserves. That's a simple average return of 30% p.a. plus return of capital. Most punters would kill for a return like that.
Other positives are: (1) McGarry and Greenhill are highly regarded and each has an ethical history; (2) further reserves are likely to be proved up; (3) actual production and cash inflow will begin in about 6 months; (4) the gold price may start to creep up again and (5) BCN receives its income based on a USD price yet BCN costs are in AUD.
So your big decision is to invest at 2c and rather than an option at 2.5c, other than that dilemma this is a no stress investment.
Sit back an enjoy the ride.
Cheers................Daicosisgod.
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Last
2.7¢ |
Change
0.001(3.85%) |
Mkt cap ! $101.4M |
Open | High | Low | Value | Volume |
2.6¢ | 2.7¢ | 2.6¢ | $21.74K | 824.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 153051 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 1039496 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 153051 | 0.026 |
3 | 762366 | 0.025 |
8 | 1433510 | 0.024 |
2 | 305869 | 0.023 |
3 | 1140000 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 1039496 | 4 |
0.028 | 10007869 | 7 |
0.029 | 3785433 | 9 |
0.030 | 6373835 | 14 |
0.031 | 82290 | 2 |
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