BCI 1.61% 30.5¢ bci minerals limited

IO Futures says bottom, page-197

  1. 3,286 Posts.
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    Good Quarterly. Management have done well with reducing costs. But back to the problem - IOP. Futures are still divergent but sub $50/t. Also $AU/US is bouncing around at 77c. Need interest rate cut but RBA still holding out, they don't want to cause a housing bubble. Personally not back in BCI, too much going on. Even @ BCI sub 30c it is gambling money if IOP does not settle above $50/t.
 
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