BCI 2.27% 22.5¢ bci minerals limited

Ann: $150M Debt Funding Approvals Secured, page-21

  1. 895 Posts.
    lightbulb Created with Sketch. 93
    I can't recall the number but I don't think it takes that long for the salt water to move through the ponds. So if we fill them without Ponds 6-9 and crystallisers complete then you potentially have salt settling in ponds we don't want it in which could actually end up costing us to clean it out and get the water flowing again.

    All based on my foggy memory of the time it takes the water to move through. Once the final ponds and crystallisers are under construction (approvals and contract award Q4 2023?) then we can have confidence to fill the ponds.

    Should be a big few months ahead. Still expecting some lift in the SP when these milestones get ticked off but a lid on it while the risk of a cap raising remains.
 
watchlist Created with Sketch. Add BCI (ASX) to my watchlist
(20min delay)
Last
22.5¢
Change
0.005(2.27%)
Mkt cap ! $648.9M
Open High Low Value Volume
22.5¢ 23.0¢ 22.5¢ $21.92K 97.44K

Buyers (Bids)

No. Vol. Price($)
3 33976 22.5¢
 

Sellers (Offers)

Price($) Vol. No.
23.0¢ 49819 1
View Market Depth
Last trade - 11.59am 01/07/2024 (20 minute delay) ?
BCI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.