BCN 0.00% 2.9¢ beacon minerals limited

A buy back makes absolutely no sense currently. They're...

  1. 351 Posts.
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    A buy back makes absolutely no sense currently. They're moving into a risky period with depleting stockpiles and reliance on untested mining areas (Macphersans). The only thing that improves shareholder value here is high grade material. They should be using the cash generated over the next few months to bring Lady Ida into the business.

    Pretz
 
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