BC8 black cat syndicate limited

Ann: Quarterly Activities Report and Appendix 5B, page-63

  1. 51 Posts.
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    My understanding is that BC8 now holds around $24m in physical gold it is recorded on balance sheet as stock (and at a value at cost of production which is somewhat lower than $3400 USD) - it could have been sold for $24 million and recorded as revenue and cash which would make a significant difference to cash flow statements and cash on hand. Am i missing something? I would have thought if cash was or is going to be tight they wouldnt be holding on to the gold.
 
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(20min delay)
Last
94.0¢
Change
0.065(7.43%)
Mkt cap ! $665.0M
Open High Low Value Volume
88.0¢ 94.5¢ 86.5¢ $4.828M 5.300M

Buyers (Bids)

No. Vol. Price($)
2 11764 93.5¢
 

Sellers (Offers)

Price($) Vol. No.
94.0¢ 27746 1
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Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
BC8 (ASX) Chart
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