i dont get the impression coolgardie area is home to big gold deposits. Lots of small scrappy ones. Not saying they are not economic, but that does make exploration tricky, and the likelihood will be incremental addons to the LOM not big step changes.
Meaning, it could be a rolling 3-4year mine life to a decade, which is not uncommon in WA. BCN is the perfect set up to exploit this. I maintain the value in owning the stock isnt so much the SP appreciation, it will be the dividends.
i dont get the impression coolgardie area is home to big gold...
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Last
2.3¢ |
Change
0.001(4.55%) |
Mkt cap ! $86.40M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.2¢ | $53.28K | 2.375M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 3084892 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 304127 | 4 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| BCN (ASX) Chart |