Nice share register. Not bad for an emerging cat.
BC8 has acquired over a dozen assets since listing and now these plays. I cant imagine that BC8 will stop. This is their track record. Once the cash flow starts, they can keep eating the surrounding assets or even toll treat over time. BC8 is starting a much larger journey imo. They are growing at the current run rate of 500,000oz pa with 4 mills so far. Why stop. The market cap at 60c and allowing for the new stock. It will be approx $130m and growing. There are companies out there with half a million ounces and zero chance of raising the money for a plant. bc8 has 4x that resource and 4 plants.
They listed at a $6m market cap. Dont forget, there is nothing in the current share price for these assets at all. Its just hit the screens. The stock has been at a discount for a long time as the market worries about inflation, covid, wars, CR and the FED. Meanwhile, gold is US$1968 with all the noise going on in the background and little old BC8 is out hunting low hanging fruit for bargain prices. The market is off hunting flash metals and over priced tech and missing a lot of deep value. That will change imo. Build it and they will come. The market isn't full of cashed up explorers and hungry brokers pouring money into the gold stocks. Very few have the management and access to this sort of cash and expertise needed to make this work. BC8 has passed the NST test.
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Last
28.0¢ |
Change
-0.015(5.08%) |
Mkt cap ! $105.8M |
Open | High | Low | Value | Volume |
29.5¢ | 29.5¢ | 28.0¢ | $171.7K | 600.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 519079 | 28.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.5¢ | 16000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 519079 | 0.280 |
10 | 183002 | 0.275 |
13 | 925724 | 0.270 |
4 | 46777 | 0.265 |
5 | 125688 | 0.260 |
Price($) | Vol. | No. |
---|---|---|
0.285 | 16000 | 1 |
0.290 | 13500 | 1 |
0.295 | 117439 | 4 |
0.300 | 102927 | 9 |
0.310 | 11139 | 3 |
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