BCI 2.22% 22.0¢ bci minerals limited

Ann: Mardie Project Update, page-146

  1. 601 Posts.
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    I guess it is what it is / they’ve come this far and in almost every project undertaken throughout this time period increases in costs have been inevitable.

    I know that ain’t what we all want but it is the reality.
    I’m sure most shareholders would be keen to put their hand in pocket to ensure the project gets over the line.

    One thing for sure is that any increase in costs will be offset by increased future earnings as pricing for end products has gone up over that time as well.

    The fundamentals are there, the project is so close now , if you believe in it your buy in price shouldn’t be an issue at the moment at returns should continue for years to come. - maybe a while yet but the numbers are compelling.

    Who knows what savings and design modifications they come up with and maybe another major holder will wish to buy in now ?

    whatever happens I look forward to watching this one play out over the years to come as I sign off from my working career!

    GLTAH


 
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