Magnetite drilling underway, page-7

BCA at 12 million MC is peanuts.
Leader in WA manganese companies is E25 which has a 357 million MC and still not at production.
Not saying BCA is another E25 but there are some/several significant similarities.
Type of shale rock manganese ore appears same:similar.
Same geographic area of Western Australia.
Manganese ore percentage/grade is same/similar.
E25’s ore deposit is flat and on surface/or a couple metres down and able to be mined open cut with significant cost savings.
BCA’s ore deposit is flat and on surface/ a couple metres down. And would be able to be mined from surface.
Depth of deposits appear similar/same. Touching 30 metres or beyond in places in both.
E25 has 266 million tons resource.
BCA is cashed up to help define resource.
E25 is a couple/few years ahead but I can’t see why BCA doesn’t have a great chance to tread a similar path. BCA should already be a multiple or two above current market cap simply on these similarities. Confirmation/drilling of manganese resources (which are shortly about to begin) should provide impetus to share price.
Most of the world’s production output of manganese comes from China and obtaining new sources of supply must be on top of the list for security of supply.
Future looks exciting.