"They bought these high grade assets when no one wanted them"
This is the key imo, BC8 paid less than the replacement value of the processing plant/camps for each asset. If the projects are now remotely profitable then we all win.
Imagine having to pay and wait for a brand new camp and plant at Paulsens now to get things up and running.
Ann: Kal East to Generate Strong Returns - Study Update, page-23
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Last
32.0¢ |
Change
0.005(1.59%) |
Mkt cap ! $141.6M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 32.0¢ | 30.0¢ | $386.4K | 1.240M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 49999 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 20488 | 1 |
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| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| BC8 (ASX) Chart |