BCI 3.39% 28.5¢ bci minerals limited

Ann: Strong Support For Share Purchase Plan, page-107

  1. 3,030 Posts.
    lightbulb Created with Sketch. 645
    Remember IV is selling 58% Fe so prices much lower (see below chart).

    My 'guess' for the last quarter EBITDA will be $5mil, although i'm not feeling confident about that figure either (ie, more likely lower).

    Also would not surprise if volume is down. Figures for Dec Q 2020 follow -

    * $10mil from 1.6mt of shipments,
    * Averaged US$130/dmt forthe quarter

    Regardless, it's no longer the main game. Let's hope they can announce the Mining Lease being granted before the quarterly is released.

    https://hotcopper.com.au/data/attachments/3945/3945588-e746e056245a316d567b4dc91fe8fd5a.jpg


 
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