BCN 0.00% 2.2¢ beacon minerals limited

It’s very typical of companies that have been explorers/ penny...

  1. 5,400 Posts.
    lightbulb Created with Sketch. 2882
    It’s very typical of companies that have been explorers/ penny dreadfuls to have share issues in the 2 billion mark. You start of at 0 and build the company through buying land and exploration. Many don’t even make it to ‘producers’.
    No use focussing on consolidations yet- as company is still building/ expanding, but once it has a solid base, then you’ll see company developing its blueprint.

    Focus now is on production, reducing costs and the all important one- drill results.
    The main thing about BCN is that it is a producer, exploring, growing its tenements, and footprint.
    The long term will depend on developing its tenements- and having a little luck/ good fortune along the way.
    Man, how many companies can say that they hit ‘gold’ just while they were drilling for their water resource?

    Could be a beauty this one- I’m ignoring the noise- drill results could really set this up to be a mid/top tier, then it’ll be producing at low costs and still accumulating acquiring.

    Get the feeling this company has the next step all ready to go- buying land, acquiring resources and building its platform. Really can’t wait to see those drill results- if they’re good- this management know how to develop their plan - as those that boarded the bus know- from not that long ago!
 
watchlist Created with Sketch. Add BCN (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
0.000(0.00%)
Mkt cap ! $92.98M
Open High Low Value Volume
2.2¢ 2.3¢ 2.2¢ $38.44K 1.739M

Buyers (Bids)

No. Vol. Price($)
3 526311 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 1116867 6
View Market Depth
Last trade - 12.33pm 14/11/2024 (20 minute delay) ?
BCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.