Fantastic results. Net debt is now 0 when offset by cash holdings. Now just printing money. 

Also finally cracked 4c today. Prep the bulls and rockets. Beers and steaks on me fellas. 

Now this is a very strange one to watch. 

Near 0 movement on the SP whilst the company continually outperforms and pulls miracles out of the ground. 

Debt is now fully offset by cash in hand. 

Reserve ounces are filling storage to the brim and the price of gold continues to climb. 

This is now my early retirement cash cow. Happy hunting. 

Production online very soon. 

Cost of production around $800 An ounce and gold is smashing new highs over $2000 An ounce. 

This company is now a juicy take over target and M&A activity is now starting to thrive in gold at the moment.

Gold price continues to climb. 

Traders will be closely monitoring shares of Beacon Minerals Ltd (BCN.AX) as the Twiggs Money Flow indicator has touched above the zero line, indicating positive momentum for the name.  

Beacon Minerals Ltd (BCN.AX) has also seen the Mesa Adaptive Moving Average (MAMA) climb above the Fractional Moving Average.

https://www.proactiveinvestors.com.au/companies/news/204886/beacon-minerals-begins-mining-at-jaurdi-gold-project-obtains-plant-construction-approval-204886.html

All-in sustaining cost for the Jaurdi project still sits at $870 per ounce.

https://beaconminerals.com.au/user_uploads/documents/30-Aug-2018-Beacon-Minerals-Presentation-v2.pdf?fbclid=IwAR0AfCwx7HlrypBg2MOfyCeGoh6aK4jf6kJC8AtCqTLMNTetBGhEX_wLors

Beacon Minerals greenlit to begin production. 

Currently sitting on 2 huge gold deposits. 

C1 cash cost per ounce of gold $830
Current gold price per ounce $1,739

This is a huge win for this junior gold miner. 

https://beaconminerals.com.au/user_uploads/documents/12-Oct-2018-Beacon-Minerals-Issues-8.3m-in-Debenture-Notes-v2.pdf