They posted that they will be able to commence production very quickly in the event that IO prices improved, i think they were prepared for this. Their break even is $42 remember that, they would be making money now since IO is $43, however as you said, i think they are waiting for a higher margin before producing more.
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bci minerals limited
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0.70%
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35.3¢

IO price on increase, page-4
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Last
35.3¢ |
Change
-0.003(0.70%) |
Mkt cap ! $1.010B |
Open | High | Low | Value | Volume |
35.0¢ | 35.3¢ | 34.5¢ | $154.2K | 439.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 40636 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.5¢ | 149716 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 828825 | 0.345 |
18 | 339033 | 0.340 |
8 | 139401 | 0.335 |
9 | 292126 | 0.330 |
4 | 52579 | 0.325 |
Price($) | Vol. | No. |
---|---|---|
0.350 | 23082 | 2 |
0.355 | 82970 | 9 |
0.360 | 334134 | 8 |
0.365 | 126978 | 4 |
0.370 | 123500 | 3 |
Last trade - 13.20pm 22/07/2025 (20 minute delay) ? |
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BCI (ASX) Chart |