Based on the above table, BCM has to move 4 - 5 times the amount of ground as MEI to recover the equivalent REE/TREO.
BCM economics will never match MEI, it's costing 4 - 5 times more in processing.
That's the real reason MEI has a bigger MC.
If BCM can strike some higher grades then it might bridge some of the gap, but without a sizeable resource above 2,000ppm it's never going to be even close to MEI MC.
Ann: Massive Maiden Mineral Resource for Ema Project, page-45
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $15.66M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.1¢ | $26.42K | 1.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1345000 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 45410 | 1 |
View Market Depth
| Last trade - 14.16pm 24/05/2024 (20 minute delay) ? |
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Last
2.0¢ |
Change
-0.001 ( 13.0 %) |
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| Open | High | Low | Volume | ||
| 2.1¢ | 2.1¢ | 2.0¢ | 109798 | ||
| Last updated 14.45pm 24/05/2024 ? | |||||
| BCM (ASX) Chart |