Welcome aboard Alex! BCI have done very well (Currently $3.63), they are using FMG railway and are giving them a large portion of the profit I believe? AGO are carefully organising a railway now, due to be announced very soon, I believe this will have a big impact on the Share Price in a positive way. As I said before in an earlier blog, 45 Million Tonnes Per Year at say $100 per tonne is $4.5 Billion Dollars. The company is worth 1.5 Billion dollars now in Capital, so I can only guess where the share price will be going. Also keep an eye on the half yearly report out soon, I expect there will be an increase in company profit as Iron Ore is pushing up higher towards $160/Tonne.
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