BCN 4.17% 2.3¢ beacon minerals limited

Consolidation needed, page-51

  1. 6,030 Posts.
    lightbulb Created with Sketch. 611
    i'm just rationalising what it might take to get the SP to start moving up in a susatined trajectory and break overhead resistance at 4.2c
    I agree its cheap to strip being shallow, im hoping if we get some high grade veins in McP they can be blended in and used to bump up the overall grade, at the moment that would be to blend into the weak spots in year 5 and 6 in the LoM schedule, I cant see deposits being defined in time to have any change to next years schedule of deposits. any higher grade hit from McP could aslo be blended with Big Cat and Lynx when they get added to LoM... it all depends on whether we find any narrow higher grade veins on their own or if they are surrounded by lower grade anyway.

    I suppose if gold jumps to 2300USD+ by the end of the year then it will matter less about having lower grade in the schedule
 
watchlist Created with Sketch. Add BCN (ASX) to my watchlist
(20min delay)
Last
2.3¢
Change
-0.001(4.17%)
Mkt cap ! $86.40M
Open High Low Value Volume
2.4¢ 2.4¢ 2.3¢ $5.287K 226.3K

Buyers (Bids)

No. Vol. Price($)
8 1486424 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 463904 3
View Market Depth
Last trade - 14.10pm 10/09/2024 (20 minute delay) ?
BCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.