BCN 3.85% 2.7¢ beacon minerals limited

I've seen that goal kicked at Victoria Park on many occasions,...

  1. 12,507 Posts.
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    I've seen that goal kicked at Victoria Park on many occasions, it was like being going back in time, some might call it the dreamtime. There are a lot of Collingwood fans who are christians and believe they are witnessing the second coming, though Gary Ablett Jnr has some claim to that moniker.

    My dividend observation is not as far fetched as it may sound. If the options are paid there is about $22m extra cash for exploration and tenement acquisition. The $40m in profit is predicated on finding no more ounces. I believe they will find more ounces.

    Also the Exec Chairman and outgoing Chairman are not spring chickens and I reckon they will want to maximise dividend returns before going on wild goose chases (and that includes Timor Leste). So it will be interesting to see if my view prevails. Either way I own some incredibly valuable BCN shares and Mrs. D. and I are very happy shareholders.

    Cheers.............Daicosisgod
 
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