BCI 1.75% 29.0¢ bci minerals limited

I thought the quarterly was much like my old school reports...

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  1. 1,097 Posts.
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    I thought the quarterly was much like my old school reports

    "...pleasing progress but could do better."

    I would have liked to have seen a bit more on the increase of resource through drilling results and more on the whole benefication (spelling??) of the lower grade ore project - even though it was good to read that they are already blending some of the L/G ore.

    I reckon that quite a few investors who were "sitting on the fence" with their SPP's will be selling in the next few days, so I expect the SP to dip in sympathy.

    ___

    I predict that the NEXT quarterly will tell a completely different story - higher production, lower costs, increased resource and much higher profits from selling the extra production @ spot rather than the discounted Henghou prices.


 
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