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2.4¢ beacon minerals limited

6 years for a $1bn market cap, definitely feasible if management...

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MetalBee

1,100 Posts.

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29/08/20

22:42

Post #: 46924829
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Originally posted by Rockchipper: ↑

Hi Metalbee, Yes, I'm also having a small play on some new Nickel deposits while shares are not in too much in the spot light.

Back to BCN. So lets say we agree that your above calculations on my expansion outline, are in all probability too optimistic, I would still add in a increase for either farm in / joint ventures / additional processing OR a buyout of a junior miner, simply because I have such strong faith in the way this management operates. I'll do a deal with you Metalbee, using the same figures you obviously know inside out, how about I do a bit more exercise and watch my diet really carefully for 3 extra years, how better do you think the odds are that BCN could reach 1bn Cap in 6 years?
Considering that I think I read somewhere that some performance opts were set at .05c for about 18mths time ( please correct me here if I'm wrong), but if i'm correct, I would be extremely happy with that share price at that time, regardless of when we reach 1bn Cap mark.
Thanks for the calculations and sharing the data you know so well.

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6 years for a $1bn market cap, definitely feasible if management have the hunger. Probably a good line of questioning for them at the agm.

BCN Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.4¢		Change 0.000(0.00%)		Mkt cap ! $90.16M

Open	High	Low	Value	Volume
2.4¢	2.4¢	2.4¢	$11.19K	466.3K

Buyers (Bids)

No.	Vol.	Price($)
6	1958360	2.3¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	3291666	3

View Market Depth

No.	Vol.	Price($)
5	1523578	0.023
11	1497838	0.022
5	1257619	0.021
2	547666	0.020
1	100000	0.017

Price($)	Vol.	No.
0.024	3291666	3
0.025	2678062	6
0.026	2346497	5
0.027	366000	2
0.028	2796436	3

Last trade - 10.33am 31/10/2024 (20 minute delay)

BCN (ASX) Chart