BCN 0.00% 2.5¢ beacon minerals limited

IMO jumping ship at this stage is lunacy. BCN needed to raise...

  1. 401 Posts.
    IMO jumping ship at this stage is lunacy. BCN needed to raise capital, and if the bulk of RIs are taken up it will have been very successful at that. The cash is needed for further drilling and setting up the mining operation, at least for its initial phase. The SP is 2.2 because the alternative of taking up options is also 2.2. One sets the price for the other when there is fairly open market access (i.e. by all current shareholders). Sure, for a while the SP may not move much, but once the dust settles and this round of capital raising is over the gold will shine through.

    Only the true believers will be the real winners with BCN - just open your eyes and look at the gms/ton at shallow depth over a stretch of almost 2 kms, and also stretching west.
 
watchlist Created with Sketch. Add BCN (ASX) to my watchlist
(20min delay)
Last
2.5¢
Change
0.000(0.00%)
Mkt cap ! $93.91M
Open High Low Value Volume
2.5¢ 2.5¢ 2.5¢ $13.28K 531.4K

Buyers (Bids)

No. Vol. Price($)
5 967124 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 1061750 2
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
BCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.