BCN 0.00% 2.6¢ beacon minerals limited

Building a mine from scratch and now running an entire fleet of...

  1. 5,616 Posts.
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    Building a mine from scratch and now running an entire fleet of vehicles and machinery is indicative that this operation has been purchasing and absorbing the dramatic costs to get us where we are now, a couple of Haulmax 3900's will not stand out in our balance sheet.

    Tires are a generic issue for all global operations, relative to our $1300 profit per ounce it falls in the insignificant concerns pile for me.

    All posts are subjective by virtue of humans typing them, my point of view is despite huge expenses to get this project operational we have built a war-chest and have paid dividends and the initial debenture (loan) so moving forward there will be less expenses allowing for a more robust project and so i laugh when i hear a couple of long haul trucks and a little extra fuel will outweigh the better head grade and probably diminishing start-up costs as we move into a more mature stage of operations our initial outlaying of costs will result in future increased profitability.

    Offline is great i'm heading there now, getting emotional doesn't aid your case imo
    Last edited by 1for1: 28/07/22
 
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