BCN 0.00% 2.5¢ beacon minerals limited

These guys have already stated that they will be announcing a...

  1. 95 Posts.
    lightbulb Created with Sketch. 78
    These guys have already stated that they will be announcing a resource upgrade, unfortunately it started at April and is now in July due I think to the amount of drilling being done around the traps and the lack of facilities that can process them.

    They are currently drilling another 15000m so god knows when we will hear from those. They are in no rush to get the results as they are currently producing 7000oz per month and have the cash rolling in for the next 3.5 yrs

    They have also stated they want to be a 1m oz company with over 10yrs LOM and get their capacity up to 50k oz p.a.

    I for one hope they do

 
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