BC8 - Black Cat Syndicate

[finicky]

I suspect it'd be cheaper with shipping than any bullion dealer with their mark ups on the spot price. But will keep you informed.

 

[qldfrog]

I suspect it'd be cheaper with shipping than any bullion dealer with their mark ups on the spot price. But will keep you informed.

I currently do not own BC8 , have done very recently but exited on SL;
might get in just for getting the offer details

 

[finicky]

High of 0.79 today, closed at 0.775
RIU conference might have helped.
This company has relentlessly coaxed the market - always announcing something.

Held
Tradeable to free carry is the 'plan'

First slide in the deck - RIU Conference :

 

[Captain_Chaza]

FREE CARRY? What sort of Plan is that?
Does that mean you Sell Half and Carry on with Only One Half of a Good Thing presented to the wind? LOL!

 

[finicky]

Does that mean you Sell Half and Carry on with Only One Half of a Good Thing presented to the wind? LOL!

Yes Cap'n Chaza, it does.

 

[Dona Ferentes]

"When you ain't got nothing, you got nothing to lose
You're invisible now, you've got no secrets to conceal"

 

[rcw1]

"When you ain't got nothing, you got nothing to lose
You're invisible now, you've got no secrets to conceal"

 

[qldfrog]

with all respect gentlemen, a generation restricted reference ;-)

 

[finicky]

Dull day for gold stocks, many are down, but Black Cat punching on, up 5%

HEld
Part tradeable

DAILY

 

[peter2]

Only one day left to be eligible for some Black Cat gold.

 

[finicky]

Only one day left to be eligible for some Black Cat gold.

Good point

 

[finicky]

Big chunk of change raising the risk level. Also some dilution.
As so often, the market surprising me, as BC8 up so far.
Still haven't reduced.

Held
Reducing

 

[finicky]

Sold 15,000 @ 0.845
Enough to free carry
I'm guessing the chances of an imminent cap raise at a discount are high - too high

Held

 

[finicky]

Email today from sharesinvalue.com.au
Fully funded?!

"Hi finicky

We’ve written about Black Cat Syndicate (ASX: BC8) multiple times over the last three months, highlighting its potential as a high-growth gold producer. If you’ve been following our insights, you’ve likely seen the opportunity unfold.

Our members were first recommended BC8 back in October 2024, and they are already up over 50%. Over the past six months, BC8 has surged by 140%, more than doubling in value. Investors who took action early are now benefiting from this strong momentum.

Yesterday, Black Cat Announced a Major Acquisition​

Black Cat has now acquired the Lakewood Mill for $85 million, a significant move that strengthens its position in the gold sector.

Why this is a game-changer:

• Boosts production capacity – Reducing third-party processing costs and increasing operational flexibility.
• Strengthens growth trajectory – Aligning with its target of producing over 100,000 ounces of gold per year.
• Enhances financial positioning – Fully funded expansion with no hedging, setting up for continued growth.

Black Cat Syndicate: A Gold Producer with Momentum​

• Two gold operations already producing – Kal East and Paulsens are ramping up, with more growth ahead.
• A strong growth pipeline – Coyote Gold Project is one of Australia’s highest-grade underground resources.
• $17 million committed to exploration in 2025 – Expanding resources and targeting new discoveries.
• Strategic exposure to Antimony – With one of Australia’s largest undeveloped deposits, adding further upside potential."

 

[craigj]

Share price up 30% for the month

Maybe time for the chart to retrace before a further push towards $1

 

[Dona Ferentes]

Share price up 30% for the month

Maybe time for the chart to retrace before a further push towards $1

$0.855

TH regarding a proposed capital raising to fund an acceleration of mining activities at the Kal East Gold Project.

 

[finicky]

Never trust a goldie management. A high share price = a money press.
They've spieled about being fully funded for their plans but this can be twisted like a politician - they're now 'accelerating' their plans. Nothing to do with the acquisition of the Lakeland mill for which they were fully funded.

Held
Tradeable

 

[peter2]

How does this info get into the press before being announced through the ASX?

 

[Dona Ferentes]

How does this info get into the press before being announced through the ASX?

it includes a placement. The lead manager 'shops it' around the usual broker suspects . Either the journo rings around or a broker rings the journo = "according to sources "

 

[Boggo]

This keeps happening doesn't it. Run up prior to news where someone had to be in the know well before the general punter finds out via the ASX.

Let's use RXL today as a potential example, no news and it's up 10%. News a few days ago but more to come that we don't know about yet ??