BCN 0.00% 2.5¢ beacon minerals limited

Re consolidation in the Leonora district , Sbm CEO stated it...

  1. 910 Posts.
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    Re consolidation in the Leonora district , Sbm CEO stated it would take 87 years to process entire ore body , whereas Reds mill is 4.7 mtpa and could easily be doubled, I think sbm will either try and takeover red , merge , or use reds mill, imo red doesn't need to get involved with any of the above , disclaimer I own neither companies shares but I do like the look of Red, I think ASIC of $1100 is what they are saying , glta
 
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