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
2.6¢ |
Change
0.002(8.33%) |
Mkt cap ! $19.39M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.6¢ | 2.3¢ | $17.92K | 740.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 523556 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 353842 | 1 |
View Market Depth
| Last trade - 14.38pm 10/05/2024 (20 minute delay) ? |
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Last
2.4¢ |
Change
0.002 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 2.3¢ | 2.4¢ | 2.3¢ | 441464 | ||
| Last updated 14.15pm 10/05/2024 ? | |||||
| BCM (ASX) Chart |