BC8 2.68% 54.5¢ black cat syndicate limited

Ann: Fingals Drilling Program Approved for September 2020 Quarter, page-5

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,010 Posts.
    lightbulb Created with Sketch. 189
    Looks like the stock has broken through the flippers selling - uninformed investors who were happy to take a few cents & the tax credits but will likely leave a lot on the table.
    The pending 15,000m drilling at Fingals has got a very good chance of re-rating the stock significantly because there are walk-up targets with good historic hits e.g. 9m at 6g/t which have not had any exploration since the 90's when gold was <$500.
    Furthermore the ground is well known to management, who are ex SLR guys & an endorsement of its quality is the stake SLR have now taken in BC8.
    I've been scouring the list of ASX exploration companies & this seems to me one of the best picks when considerations like market cap, management quality, location & ground are taken into account.
    So far only one broker covers the stock (Shaw) but that will change with a 1moz resource & a mkt cap above $100m. More coverage will further re-rate the stock.
    Strap yourself in & enjoy the ride.
 
watchlist Created with Sketch. Add BC8 (ASX) to my watchlist
(20min delay)
Last
54.5¢
Change
-0.015(2.68%)
Mkt cap ! $297.5M
Open High Low Value Volume
56.0¢ 56.0¢ 54.0¢ $2.493M 4.538M

Buyers (Bids)

No. Vol. Price($)
1 167 54.5¢
 

Sellers (Offers)

Price($) Vol. No.
55.0¢ 3421 3
View Market Depth
Last trade - 16.10pm 05/11/2024 (20 minute delay) ?
BC8 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.