BCI 0.00% 29.5¢ bci minerals limited

looking for a straightforward explanation, page-6

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    The company claim to have a mine life of 8 years. If they can move more of their resources into reserves, they can claim a mine life of greater than this. In my opinion, this is one of the things holding them back, along with the messy register. Up the mine life and the valuation will follow.
 
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