The Lassonde Curve shows what is important for Beacon in Timor...

The Lassonde Curve shows what is important for Beacon in Timor Leste https://miningexplained.com/wp-content/uploads/2023/11/MinExp-Lassonde-Curve-scaled.webp

The very fastest profits are made when you discover a deposit. On the chart where it says "drilling confirms the deposit". They start drilling I think in months in the PR. So they have a discovery, the rich massive VMS boulders in place. A rich copper-gold outcrop in a non-jungle area (rare today).

Grasberg had that, but way way bigger, but in almost impossible to get to 13,000-foot-high jungle. The fact no mining took place in a California like topo and climate is amazing, a sign of how untouched by miners Timor Leste is. If they get lucky and the deposit is proven below the outcrop, that is when the stock can go up faster than in any other part of its life.

If you want to see the equivalent of Apollo mission to Moon for mining, it was the Grasberg build. This Youtube is amazing on the hardest mine build ever.

Beacon's cost to drill is below their free cash flow by a lot. So low risk and high reward for Beacon, I am pumped, Beacon could be the best stock in any sector in 2024 or 2025 if they get lucky with the drill bit.

Cheers