BCN Closest to the Pin Market Cap in 2030, page-6

10 year out is a gamble, market cannot value existing businesses correctly based on profitability. BCN will be 1 year in full production come end December/January so rerate will occur. Remember we are June 2020 earnings $0.0039 PE 10 SP is $0.039. End FY year 20/21 profit on track for $0.01 to $0.015 at current PE easy SP 10c. I think we should be that level now that is why I'm still around.

Conservative return for most assets is 5% a year YoY but that's with same old same old going on. So my 2030 MCap would be with hyperbole $1b give or take 100 to 200M.

I'm surprised the market is not already moving but larger investors will want to see one year of mill production and profitability with that elusive LOM extension.

Funny if they get to 50,000 ounces at $1,400 profit an ounce that would be $70m a year profit. That would see a Disallowed from this current SP level. Oh the wait!