Im not surp'rised to see BCN stock at 2.3 today given today's sell off across the sector.
BCN has an enterprise value today of $86m less the $20m in cash and bullion = $66m
The 20,000 ozs held in ROM stockpiles at Geko and Jaurdi must have a value of at least $50m though it would take at least 6 months to process through the mill.
So what value the recently stated in-ground gold resources of 300,000 ozs.
And then there's the Lady Ida resources...are they coming to the Jaurdi mill ? What value there ?
And the 250,000 ozs at MXR's Wattle Dam project...are they coming to the Jaurdi mill ? What value there?
maybe I should buy more BCN .
MXR - What is the play and When?, page-18
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Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $92.98M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.2¢ | $10.46K | 475.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2784486 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 919943 | 4 |
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| Last trade - 11.48am 08/11/2024 (20 minute delay) ? |
| BCN (ASX) Chart |