That’s correct as I read it. The PE will move based on several factors. As we step further into a gold bull market, buyers will come. Gold stock bull markets are awesome when they get going. The entire investment community is totally underweight precious metals. Gold is probably the best value segment in the world. Mr market still chasing tech. it’s not uncommon for a stock like Bc8 to triple sometime next year as these mines start dropping in the cash. It should grind in into the restart. Bc8 could easily be $2-$3 a share with these 3 mills running on a reasonable PE. The thundering heard will turn up at the right time. The karger Funds don’t generally come just yet. Turn it on and derisk the assets first. It’s all coming together now.
That’s correct as I read it. The PE will move based on several...
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Last
59.5¢ |
Change
0.035(6.25%) |
Mkt cap ! $263.9M | |||
| Open | High | Low | Value | Volume |
| 56.5¢ | 61.0¢ | 56.5¢ | $2.955M | 4.968M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22860 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 59025 | 3 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| BC8 (ASX) Chart |