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
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $97.67M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.6¢ | $19.08K | 733.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 300000 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 5496345 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 300000 | 0.026 |
4 | 971280 | 0.025 |
7 | 1396618 | 0.024 |
7 | 1578579 | 0.023 |
3 | 1140000 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 5496345 | 6 |
0.028 | 10007869 | 7 |
0.029 | 1803903 | 6 |
0.030 | 6373835 | 14 |
0.031 | 1086276 | 3 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
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