BCN 2.08% 2.4¢ beacon minerals limited

Buy backs and Larger Fully Franked Dividends, page-11

  1. 460 Posts.
    lightbulb Created with Sketch. 110
    So randomly came across this company while browsing the hot copper home page. Intrigued and have read the last couple of quarterlies.

    Can someone give a newcomer the tldr rundown? Cause tbh, it looks appealing. Strong cashflow, exploration tenements (I am not sure how prospective or good the ground is), seems small and lean, costs seem very good, board appears to have a focus on shareholder returns (more in favour of buy backs personally, but at least shareholders have some focus).

    I'd consider myself somewhat well versed in the gold space and typically dont dabble in companies this small, but am considering changing that rule.

    Whats the headlines/issues/pros/cons/outlook from you regular legends?
 
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