BCN 0.00% 2.8¢ beacon minerals limited

I would say something is going on in the background with...

  1. 966 Posts.
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    I would say something is going on in the background with automatic trades when I offload a number of shares and then a jump up after many days at the 2.3c level. Range trading looking to keep the price in a band. Maybe not wanting to be a takeover target, I don't know.

    As far as a 10% dividend I think this is just a normal way a profitable company should operate. In reality we make in the order of free cash flow of $30m a year, $10m-$20m profit and they pay out $3.8m. That's not on the gold price at the moment.

    Our growth will be driven by ounces we find.
 
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