Generally profitability decreases as mine activities expand but with LoM extensions and shallow high-grades there's no reason BCN can't be a Tier 2 mining company and be closer to 300-500M MC which is putting the share price closer to 15-17c. But that's 2 year away minimum I suspect.
I still believe that shares need to be bought back before this goes into multi-bag territory from here.
Generally profitability decreases as mine activities expand but...
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $86.40M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.3¢ | $31.68K | 1.334M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1409802 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 2207463 | 7 |
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| Last trade - 15.36pm 06/09/2024 (20 minute delay) ? |
| BCN (ASX) Chart |