BCI 6.00% 23.5¢ bci minerals limited

Ann: Mardie Project Update, page-145

  1. tcf
    6,862 Posts.
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    Not so sure SoP is BCIs problem at this time. I’m confident SoP will happen. I cant say when though because under AV every timeframe has been destroyed - even before Covid.

    The sooner AV vacates the better. If, thats IF, he offered to go 6 months ago I can’t see any logic in him being asked to stay. He has never managed a major project construction project before. .
    And if he offered to go why hasn’t a replacement already Been lined up? That’s why I doubt his offer 6 months ago. My suggestion is the site progress (or lack of progress) and the sp is behind his “removal”.

    If that’s the case an upcoming report will either send the sp into the teens (poor progress) or propel the sp back towards 40 cents (good progress).

    Note whatever the company has done around $100 million was spent between 31 March and 7 July 2022.



 
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