Bc8 management have already said they intend to go into production. They would have enough in-depth knowledge to have a good idea on the numbers. They also know it’s going to be several pits with new ongoing resource and discoveries popping up as they go.
This sort of mine will be very low capex given it’s early types of deposits and location. It’s actually set up well into 2019. Gold does look solid at a near record Aussie dollar price. I also think that once they get a decent resource, they should have little trouble attracting a bid.
I reckon the market has been focused on all the negativity of trade issues, housing and politics. This is also driving gold, so we might get a decent rerate soonish. Dyor.
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Last
72.0¢ |
Change
0.035(5.11%) |
Mkt cap ! $161.9M |
Open | High | Low | Value | Volume |
70.0¢ | 73.5¢ | 69.0¢ | $4.302M | 5.989M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 104358 | 71.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
72.0¢ | 200301 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 37469 | 0.385 |
1 | 14849 | 0.380 |
2 | 58500 | 0.375 |
3 | 107783 | 0.370 |
4 | 186557 | 0.365 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 108730 | 2 |
0.395 | 178353 | 4 |
0.400 | 608864 | 10 |
0.410 | 210000 | 2 |
0.415 | 20000 | 1 |
Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
BC8 (ASX) Chart |