BC8 4.58% 68.5¢ black cat syndicate limited

Some compelling quick numbers, page-10

  1. 6,851 Posts.
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    Silly discount. Stock is worth many times the share price as they quickly move the resource up the scale. Breaks 22c, looks more like 28-30c next level. Sellers look very thin now. That first 109k oz's could easily be treated in a local mill and make much more than the market cap on its own. That wont happen imo, since they can just keep adding resource and look at the options further down the track. Current resource target is 450,000oz and the model has been proven to be spot on. Very easy way to make some cash moving forward and management would have a much better idea of the geology. If you look at the overall strike for the ore bodies, its 15-17kms of potentially the same stuff. Myree was originally not included in the initial 450k target, so this could exceed the 450k. dyor

 
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Last
68.5¢
Change
0.030(4.58%)
Mkt cap ! $161.9M
Open High Low Value Volume
64.0¢ 70.5¢ 62.0¢ $3.786M 5.743M

Buyers (Bids)

No. Vol. Price($)
2 11823 68.0¢
 

Sellers (Offers)

Price($) Vol. No.
68.5¢ 135873 1
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Last trade - 16.10pm 26/11/2024 (20 minute delay) ?
BC8 (ASX) Chart
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