BCI 3.39% 28.5¢ bci minerals limited

Ann: Mardie Construction Commences, page-37

  1. 2,401 Posts.
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    Fully agree TCF

    It's simple really what is a business worth bringing in $150 to $250m a year from a simple operation,mainly pumping seawater into ponds faster or slower depending on evaporation rates.

    if they can't wait 3yrs for that to be realised,so be it.
    I eagerly await each qtrly curious to see what cash comes from royalties in the meantime to limit future need for capital or more debt.
    A no-brainer really..
    Ukraines Europe's largest salt supplier has been rendered inoperable
    It may even after this war be contaminated ground,who knows ?
    I do know in 3yrs nobody in the west will want Russian potash even at bargain prices.
    Nor anything made in Russia from steel possibly stolen from Avostal steelworks being looted of coil stock right now.

    DYOR+DYODD
 
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