They will reopen the mine when IO hits $48 - 50 USD..
I expect this to happen in March. If BCI is still trading at this range when IO price is $50 i suggest you guys top up.
They will have $6USD ($8AUD) spread (cost increase due to the contract hedging).. On 5mtpa of IO they will rack in 40mil AUD per year. On a market cap of $15mil your return is close to 300% pa.
IO price on increase, page-2
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BCI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
31.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $908.9M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.3¢ | 31.3¢ | $113.8K | 358.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 395101 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 20706 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| BCI (ASX) Chart |