BCN 0.00% 2.3¢ beacon minerals limited

Stocktake and beyond

  1. 899 Posts.
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    Now the divvies are out of the way, what's next for BCN (noting we may have another round of divvies in April)?

    From my perspective, the following is noted and please add / correct my assumptions:
    -LOM extended
    -BCN into acquisition mode
    -The current MC is approx. 120M (this was also before the extension to LOM) - oddly low
    -SOI 3.8B - (including options not exercised as yet
    -Continued adherence to Divvie policy - potentially another 0.002 in April

    Now beyond this point, I hope the following occurs in the next 12 months:
    -GOLD price skyrockets above $2,200 USD +
    -BCN improves efficiencies and improves on grades
    -Costs reduce

    MC hits $300M by June 2022 effectively providing 0.08 - 0.10 cps with more upside.

    These are my hopefully thinking and please add other wishful thinking.

 
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