for the half year, the gold selling price for BCN will be under the $2600 they need as a minimum for the dividend
so one will expect no March dividend; but CLOSE to getting one; but not yet (according to their pre defined rules); and I think that best; better to only pay the dividend when they have paid some tax for the franking for us; so the capital management will be interesting
mind you, we have seen the merger of DCN and MNT; DCN with the processing plant and smaller resource and MNT with a bigger resource to extend the LOM many, many years
I dont know the neighbours of BCN, but if POG manages to remain $100 under the prev average in AUD, maybe there is indeed some oz's to buy; that is useful capital management.... we will just wait and see
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 500000 | 0.025 |
6 | 240520 | 0.023 |
9 | 3630016 | 0.022 |
4 | 575047 | 0.021 |
Price($) | Vol. | No. |
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0.026 | 2658146 | 6 |
0.027 | 431000 | 3 |
0.028 | 3020000 | 2 |
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