BCI 3.64% 26.5¢ bci minerals limited

BCI Beautiful Compounding Investment, page-770

  1. 1,125 Posts.
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    A lot of sense in that suggestion. This is not a business case issue but a cashflow and funding issue.

    Getting salt to market has to be their number 1 priority.

    On filling ponds; I think we need to get started sooner than later. If the crystallisers are delayed we can manage the ponds, but if they are sitting waiting for water from the ponds, that is lost production which we never get back.

    Not all contracts are going way over cost, so I’m still positive about where we sit. Salt prices have gone up so we have ability to cover a higher CAPEX. I’m really focussed on the approvals being achieved, which will take away some of the bigger external risks remaining.

    Looking forward to an enlightening Qtrly Update in the coming week. I just wonder whether the new boy will have a new approach to sharing the new, whether it be good or not so good.
 
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