share price valuation, page-5

Gidday bnow,

Yeah it's funny how fund managers work. They do like to tick all the boxes that senior management tell them to tick, so they don't lose there job. Recently I took a profit from a company and was looking to reinvest. I seem to be reinvesting more and more into small caps, which could be dangerous. Anyway, I tend to research the ones with low PE Ratio's for future earnings. I had 5 companies I was going to potentially invest in based on future earning potential compared to their risk, one of which was obviously BCI. In the end though, for me it was a no brainer, it had to be BCI. The other 4 companies had a varied degree of risk, and if some of their expectations didn't go well the SP would have dropped a lot. I just can't see the risk in BCI anymore.

Does BCI need to capital raise in the future - NO
Does BCI have funds secured for capex - YES
Does BCI have rail/port - YES, BCI's JV partner FMG.
Will BCI have off-take - YES, ultra low Phosphorous.
Will BCI have all approvals shortly - YES,above table drain
Excellent management team - YES
Trustworthy management team - YES


Where's the risk with BCI. I can't see any, especially when compared to other small cap hopefuls.