Excellent report. This is one of the best explorers listed by a country mile.
The management have managed to screw every dollar worth of value out of the drilling to drive bc8 well over expectations.
If the market actually ever wakes up, this is definitely worth a look.
They are outlining kms of strike with proven grade in Kal.
BC8 will end up proving significant gold deposits and given there are 5 operating mills within trucking distance, the options to develop are many. These guys should get a reasonable resource outlined into next year. The company could be taken out for the feed stock into one of the surrounding mills. They still have over $3m cash which is $3m more than i thought they would have at this point. This proves the difference between average and good management. The QM deposit is a shallow high grade deposit that could be mined to pay for the underground but i doubt they will make it for corporate reasons. QM only needs to be relatively small to pay for the development. The big game is the potential for these deposits to be connected. Then the games will start.
The current market cap is a joke and please read the report and dyor
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- Ann: 2018 Annual Report
Ann: 2018 Annual Report, page-2
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Last
63.0¢ |
Change
0.020(3.28%) |
Mkt cap ! $161.9M |
Open | High | Low | Value | Volume |
61.5¢ | 63.5¢ | 60.5¢ | $3.093M | 4.980M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 41223 | 62.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
63.0¢ | 22474 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 22/11/2024 (20 minute delay) ? |
BC8 (ASX) Chart |