BCI 2.13% 24.0¢ bci minerals limited

Ann: Solid Half Year Results Major Funding Milestones Achieved, page-4

  1. 3,001 Posts.
    lightbulb Created with Sketch. 627
    A quick read & lots to dissect....

    However like this possibility -
    "As disclosed in the December Quarterly activities report, while the central pit is nearing completion, BCI is in discussions with MinRes in relation to mine planning and timing for the development of the northern pit. Since the timing of commencement of northern pit operations is uncertain, BCI is considering monetising the asset. The ore purchase agreement with MinRes remains on foot notwithstanding these ongoing discussions."

    Might end up being 'chump change', but sounds like a logical result to me.

    GLTAH.
    Last edited by macssharesforfun: 22/02/24
 
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