Based on the above table, BCM has to move 4 - 5 times the amount of ground as MEI to recover the equivalent REE/TREO.
BCM economics will never match MEI, it's costing 4 - 5 times more in processing.
That's the real reason MEI has a bigger MC.
If BCM can strike some higher grades then it might bridge some of the gap, but without a sizeable resource above 2,000ppm it's never going to be even close to MEI MC.
Based on the above table, BCM has to move 4 - 5 times the amount...
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Last
1.5¢ |
Change
-0.002(11.8%) |
Mkt cap ! $12.46M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.5¢ | $20.08K | 1.287M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1660054 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 666871 | 2 |
View Market Depth
| Last trade - 15.01pm 17/06/2024 (20 minute delay) ? |
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Last
1.5¢ |
Change
-0.002 ( 11.8 %) |
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| Open | High | Low | Volume | ||
| 1.5¢ | 1.5¢ | 1.5¢ | 166350 | ||
| Last updated 14.28pm 17/06/2024 ? | |||||
| BCM (ASX) Chart |
