Nice thoughts there Chelks - my retirement would benefit immensely if we could sell some of the lower grade ore.
I think it all comes down to costs...
If benefication of the low grade ore costs less than the difference in price (between low grade & high grade) then that would be the obvious way to go. Like you said, it would be good if BCI could give us an indication of how much the benefication process would cost.
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Like I have said before, if only it was possible to ship coal back to the mine in the empty trains/road trains & then set up our own smelter and export 100% grade !!
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The steady increase in SP these past few days (Albeit on very low volumes) makes me think that maybe our "accumulator" is back again ?
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Last
30.5¢ |
Change
0.005(1.67%) |
Mkt cap ! $879.7M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.5¢ | 29.0¢ | $221.7K | 751.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 994 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 420271 | 8 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| BCI (ASX) Chart |