Hi Wombat, good post. A small company nearby to BDC, tried to set up a deal with the Paddington Mill, but they were not able to, because it had locked in ore sources for at least 12 months (ARS). Not that BDC would be interested in toll treatment anyway (except for perhaps their Mulwarrie deposit, to OBM)
That being said, CAI seemed to finally move, well before its DFS was completed. Either way, I prefer to be a little early. Otherwise, I end up with egg on my face, like not buying CMM at $0.40, or WAF at $0.05.
BDC Price at posting:
7.7¢ Sentiment: Hold Disclosure: Held