Been watching this now for some period of time .
Considering all the underlying characteristics this seems like a wonderful investment to me for the following reasons as disclosed.
Strong Iron Valley Royalties
Mardie Investment upside.
Recent EBITDA Q3 $20.2m , Q1 - Q3 $37m
40% rebate to MRL now ended so I guess the value saved must end up somewhere !
Low enterprise value of approx $100m
Record Iron Valley royalties
$99m cash ; no debt
Salt & SOP potential growth markets for the Mardie project
Tier1 sustainable, large scale, low cost and long life for the Mardie project
Approx $260m/a EBITDA for 100 years for the Mardie project
Mardie project seems to be moving along now and it would appear that exciting times are ahead.
I suspect that BCI will keep going North as time progresses and the final investment decision for Mardie project quickly approaches in Q2-Q3 as per the last update.
I am looking forward to the ride.
DYOR
- Forums
- ASX - By Stock
- BCI
- BCI Beautiful Compounding Investment
BCI Beautiful Compounding Investment
-
- There are more pages in this discussion • 1,293 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BCI (ASX) to my watchlist
|
|||||
Last
24.5¢ |
Change
0.005(2.08%) |
Mkt cap ! $706.7M |
Open | High | Low | Value | Volume |
24.5¢ | 26.0¢ | 24.5¢ | $312.9K | 1.233M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 23840 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 114312 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 23840 | 0.245 |
7 | 817568 | 0.240 |
9 | 228365 | 0.235 |
13 | 330645 | 0.230 |
7 | 297763 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.240 | 84 | 1 |
0.245 | 610768 | 1 |
0.255 | 164215 | 2 |
0.260 | 143780 | 2 |
0.265 | 264000 | 5 |
Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
Featured News
BCI (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online