If that file contains video (.mpg) you can burn it, excample using Nero. To 700MB CD-R disk you can burn about 800MB. Choose in Nero, file -> burn image -> all files, and select .bin file. Then choose mode2, and burn. Maybe it works, try first CD-RW disk, if you have 700MB CD-RW. But if you have .cue sheet of course use that..
In mode 2 CD can hold 800mb's of data. You should be able to burn the BIN, unless it has been created from a 90/99min CD.