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2.22% 2.2¢ beacon minerals limited

Ann: Exploration Update and Purchase of Additional Tenement, page-24

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  1. Woolinky
    918 Posts.
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    12/03/20
    09:06
    Post #: 43441123
    Bit of a breakdown. Can anyone find old drilling programs regarding m16/520? Couldn't find much except 564 hectares.

    Formally owned by Siberia Mining Corporation Pty Ltd, went bust because they couldn't raise capital.

    Gold Produced
    2,089oz Feb 2020 - 1.7%
    2,125oz Jan 2020 + 19.8%
    1,774oz Dec 2019 + 17.4%
    1,511oz Nov 2019 + 10.7%
    1,364oz Oct 2019

    Gold Production
    Beacon expects production from Jaurdi will be maintained @ ~2,050 oz p/m

    Gold Sell Price
    6,153.76oz @ $2,190.69 (Oct to Jan) + 604oz on hand

    Forward Contracts
    4,000oz (Mar to Jun) @ $2,331
    2,000oz (Jul to Aug) @ $2,475

    Current Gold Price $2,528

    New Tenement Purchase 1m M16/520
    BCN Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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