BCI 1.64% 31.0¢ bci minerals limited

cash position end of year, page-4

  1. 5,661 Posts.
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    Chelkn...I agree with you.

    Also, BCI needs to expand their interests to get this mine life and Benef' ore issues off it's back.

    I think in early 2013 Mindy Mindy will be on the cards for a J/Venture due to it's management connection & proximity to BCI. That's imo why Consm have taken up their full entitlements

    I also think there will be a more than possible takeover of CDG. I think the takeover of CDG will be the first cab off the rank in 2013. CDG would be a very easy target at present given s/p is very low 31c / share. Also not long ago BCI from memory paid about 60c or was it 65 c a share. I'm sure That "MY' would see this s/p slump at about 31c as an opportunity too good to miss imo. I don't think that "MY" would have paid the amount of say 60c/share if he didn't think that they were worth it !!!!!!! and I think that CDG only offered no more than a 5%interest. Given, We already have 5% of cdg so why not buy the whole show....I say GOOOOOOOOO For it !!!!!
 
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