BCN 0.00% 2.5¢ beacon minerals limited

lets see - assume the following happens300,000,000 oppies...

  1. 95 Posts.
    lightbulb Created with Sketch. 78
    lets see - assume the following happens

    300,000,000 oppies converted = $7.5m income
    0.0025c divi announced on 3.2bn shares = $8m dividend payment ~ 7% divi rate based on 3.6c
    Feb to June = $15m additional cash in hand = $31m cash in hand after divi and oppie's
    Big Cat to add 50k oz to existing = additional 2 years LOM
    Lost Dog extension to add 25k oz = additional 1 year LOM

    So given all that ..... I'd say 3.6 - 3.8c simply because it seems no matter how much good news we have and how the price should be around 6c we can't seem to break through the 4c wall

    But if they do pay a 7% divi twice a year, then that will get people's attention ... so who knows




 
watchlist Created with Sketch. Add BCN (ASX) to my watchlist
(20min delay)
Last
2.5¢
Change
0.000(0.00%)
Mkt cap ! $93.91M
Open High Low Value Volume
2.5¢ 2.5¢ 2.5¢ $13.28K 531.4K

Buyers (Bids)

No. Vol. Price($)
5 967124 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 1061750 2
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
BCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.