Hi, just a quick question. Im considering getting a parcel of BCI. Am i correct in saying they have the following hurdles?
- need to define a resource (~due in march 08?)
- need some sort of MOU with FMG for infrastructure/shipping access.
- consolidated minerals legacy issues delaying any potential mergers/takeovers
Is there any info out there on BCI's future plans hav they had any diggers and dealers type presentations saying that they want to define X amount of iron and plan to have feasibility study late 200x? If not how long would you estimate the timeframe for production?
Who would potentially be the most likely acquirer?
Anyone got any technical input about ST price regarding getting in?
Im a long term buyer and hold GWR,GBG,GRR and AGO. I am after TTY and BCI (i missed my diversification classes at uni).
If you have any top picks regarding research reports (its hard to filter through all the here-say etc) that would be greatly appreciated.
Also as GWR is my pick of the bunch is there anything more appealing about BCI when compared to a company like GWR?
30 to 70mt of direct shipping quality iron ore, page-7
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