Firstly,listed in the highly unpopular junior resource sector //// yes absolutely agree, it's across-the-board
Secondly.no news to keep the pot boiling,thin market,low volumes. //// typical downward drift between peaks of game-changing news [google lifecycle of a junior miner]
Thirdly,perhaps a consequence of the falling price of oil which alters the relative cost dynamics of fossil v battery. //// not convinced by that argument, especially as mining can be energy-hungry so lower oil prices reduce opex. EVs aren't being developed because they are cheaper than petrol engines, after all.
I suppose the simple logic behind the fall is threefold.
Firstly,listed in the highly unpopular junior resource sector Secondly.no news to keep the pot boiling,thin market,low volumes. Thirdly,perhaps a consequence of the falling price of oil which alters the relative cost dynamics of fossil v battery.
All in all,just behaving like any typical AIM listed junior resource stock......so the TSX wasn't so wide of the mark in the rating afforded BCN pre the AIM listing. Back to square one are we not,Mr Lenigas.
disappointing end to the year 4 rem holders,share price back to june 2014 and still on the slide,news on drilling of lithium next year and off take agreement news,if positive will be back up with the share price,has to be a buy at this price
some of the highlights from ggg's pfs may 2012... irr 32%... capital cost $1.53bn... payback <4yrs... npv $4.631bn @10% discount... initial mine life >33yr... i know this isn't us but it's our very close neighbour... will be very interesting to see how big an upgrade they get with the jorc 2012 measured and bfs? q1 2015... keep watching... the story not the sp...
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