BCN March Surprise, aka The Judd News, page-2

Surely it’s an acquisition of a fair size? Im tipping an adding of another 50,000 ounces to our existing JORC. At $2300/oz with a AISC of day $1000, that adds another $65mil to the profits which would instantly add a cent or two to the share price.

If it is of the scale of 50,000 ounces or greater and if we find another 50,000+ ounces during exploration over the next 6 months, we could see BCN begin looking at investing in more capital for the plant to increase throughput from 25,000oz per year to something like 50,000oz. Bringing in profits even quicker while still having a mine life of 5+ years.

Surely that was the plan all along. Find enough in the first 10% of their deposit to warrant building a plant with a 5 year LOM then build on their resource and increase throughput to expedite dividends to shareholders.