BCN 0.00% 2.6¢ beacon minerals limited

RESOURCE UPGRADE IMMINENT, page-4

  1. 1,492 Posts.
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    I think we will get about 4-5 year mine life from resource upgrade coming in the next few weeks based on 25-30k oz. PA.

    I posted the below in dividend thread...

    Looking forward to the resource update in coming weeks. Last update on Lost Dog was in 28th April.
    Panel 4 and 3/3a still to be mined I think which is roughly 2/3 years left in it.

    https://hotcopper.com.au/data/attachments/3373/3373209-fc8ea3f20aa6ce1d28d5ed59dcc9245c.jpg

    If results are in, hopefully Lost Dog will be updated giving another 3-5 year mine life total. (pure speculation)

    Resource estimates in coming weeks should be:
    - Lost Dog
    - Big Cat
    - Lynx
    - Black cat (might be included due to result time)

    With the resource update coming out.. I feel with the results lag time may mean they might not give a full update in terms of resources.

    Overall we still have 2/3 years of mining which will be able to both provide upside in resources and dividends going forward.

    Good luck DYOR

 
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