BNZ 7.41% 14.5¢ benz mining corp.

I can think of one million reasons why. 1Moz of gold at 7gpt now...

  1. 7,535 Posts.
    lightbulb Created with Sketch. 1776
    I can think of one million reasons why.

    1Moz of gold at 7gpt now has an in ground value of CA$3.2B. I hate insitu values but since this time last year it’s increased by $1B. Pretty unbelievable.

    Also we have quite a bit of completed drilling that didn’t make into the last resource update. That means there’s a good chance we’ll see another resource update this year and based on some of the 2023 results, we could be adding a few hundred thousand ounces.

    In addition to that, the resource assumed a gold price of US$1800 so if they decide to increase it to say $2000 and thus lower the cutoff grade, that in itself could add a bunch of ounces. Not the most ideal was of adding ounces but with such a high grade resource, it’s entirely feasible.

    Pretty good time to be holding a stock like Benz. Bottom is in; upside is immense. #chickendinner
 
watchlist Created with Sketch. Add BNZ (ASX) to my watchlist
(20min delay)
Last
14.5¢
Change
0.010(7.41%)
Mkt cap ! $15.83M
Open High Low Value Volume
13.5¢ 15.5¢ 13.5¢ $20.25K 135.7K

Buyers (Bids)

No. Vol. Price($)
1 1000 14.5¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 50000 1
View Market Depth
Last trade - 15.03pm 03/06/2024 (20 minute delay) ?
Last
14.0¢
  Change
0.010 ( 7.69 %)
Open High Low Volume
13.5¢ 14.0¢ 13.5¢ 10800
Last updated 12.33pm 03/06/2024 ?
BNZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.