Ann: A$315 Million Fully Underwritten Equity Raising Launched, page-69

Lol. I bet I can guess who you are talking about @tbirdsrgo

FYI, the old BCI never reached $5 so anyone saying that is factually wrong to start with.......

But never let the truth get in the way of a good yarn......

Chart below -

So $4.20 odd was the sp high for BCI in Dec 2013. At the time, BCI had a 75% share of the Nullagine JV Iron Ore mine with FMG holding the remaining 25%.

You are correct - they are two completely different companies - the first iteration of BCI was up to 2016, the second was the 'rebirth' of the company from mid 2016 and a change to an Industrial Metals business, supported by IO royalties.

As you say, "chalk and cheese".

Above all else the 'new' BCI commenced the development of the Mardie Salt Project in 2016, to be a "Tier 1" asset - something the old BCI could have only ever dreamed of achieving.

And the rest, as they say, is history.

"Here endth the lesson"