This part interests me.
"Business Development"
"Priority 2 - rest of Pilbara region"
With demand (supposedly) declining and the ore price in retreat, any Company looking to become a producer is going to find it more difficult to raise finance.
I feel in my water that BCI might be running the ruler over a few minnows. It would not surprise me. The purchase of 25% of the j/v from FMG would have taken months to negotiate. Now that things are settled it makes me think that these guys are not sitting on their hands. To my mind, when things are quiet at BCI, something's happening.
BCI has:
1. The money,
2. Access to more money,
3. A great working relationship with FMG (rail access & marketing),
4. A successful model,
5. Market credibility.
Just my thoughts. Comments welcomed.
This part interests me."Business Development""Priority 2 - rest...
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Last
30.0¢ |
Change
-0.010(3.23%) |
Mkt cap ! $865.3M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 28.5¢ | $321.7K | 1.083M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7084 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 81225 | 3 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| BCI (ASX) Chart |