Australia's largest stock trading and investment forum Australia's #1 stock forum

BC8

Click for more information

3.26%

47.5¢ black cat syndicate limited

Ann: NST: NST divests Paulsens and Western Tanami Projects, page-9

First 9 Last

Share
Profile

Follow
Mr day

56 Posts.

12

13/04/22

14:46

Post #: 60833228
Share

Originally posted by ricky99: ↑

I don't doubt it but as you get bigger you invest your capital for the best return and for the one that gives you scale fastest i.e. big tier 1 assets. As such you don't apply the disciplines to the smaller plays and you manage the upside via additional payouts as the new buyer produces gold. So a good risk and reward model. For the big player its not worth dedicating senior mgtmt and board time on the smaller mines, for the small player these mines are everything. With NST having the upside covered by issue of shares in BC8 and production payouts they have struck a suitable deal to cover the fact that they will have missed something.

Expand

All very good points mate. Hopefully it works out.

BC8 Price at posting: 68.0¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

OJC

SPC to merge with Original Juice Co and Nature One Dairy

COB

Cobalt Blue sees A$60M price tag for Kwinana, WA refinery – but $68M value for stage one

There are more pages in this discussion • 30 more messages in this thread...

First 9 Last

Add BC8 (ASX) to my watchlist

(20min delay)
Last 47.5¢		Change 0.015(3.26%)		Mkt cap ! $210.6M

Open	High	Low	Value	Volume
46.0¢	49.0¢	45.0¢	$686.4K	1.459M

Buyers (Bids)

No.	Vol.	Price($)
2	111962	47.0¢

Sellers (Offers)

Price($)	Vol.	No.
47.5¢	57092	1

View Market Depth

No.	Vol.	Price($)
2	111962	0.470
1	10200	0.465
1	38709	0.460
2	91000	0.450
1	22000	0.445

Price($)	Vol.	No.
0.475	57092	1
0.480	52715	2
0.490	91776	4
0.495	30000	2
0.500	79625	5

Last trade - 16.10pm 02/10/2024 (20 minute delay)

BC8 (ASX) Chart