BCN 3.57% 2.9¢ beacon minerals limited

RESOURCE UPGRADE IMMINENT, page-39

  1. 1,857 Posts.
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    The way this has been going and after they pay the next dividend, it will be down to 3 cents. I know they will be upgrading resources, but to what level, I have no idea. And if they're only upgrading mine life 2-3 years, I can't see anyone caring too much. I won't sell this one, but it has left me flat. I will be happily shocked if it goes up to 5 or 6 cents in the next couple of years. It feels like no matter what the directors do, we're stuck in a holding pattern.
 
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