BCI 3.39% 28.5¢ bci minerals limited

Always pays to read and comprehend.........So BCI has...

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    Always pays to read and comprehend.........
    https://hotcopper.com.au/data/attachments/5415/5415988-d218625bfe142b7cac3d2ffbfb2ded1c.jpg

    So BCI has 1,211.5million shares on issue.......... MC currently $321 million.

    Yes, technically correct, but wait there's more.......!!!!!

    https://hotcopper.com.au/data/attachments/5415/5415974-66850d3e7a155e45ed38a1a95efe75c6.jpg

    Fully diluted BCI has potentially 1,566,873,074 shares currently and this doesn't account for interest and other allowances which may increase the Series 1, Series 3 and these new 2023 CN's conversion to shares, increasing their numbers even further. Just allowing for conversion timelines, we could potentially see a fully diluted no of shares (based solely on the above entitlements) at 1,750 million.

    Then, allowing for Indonesia and cap raise, 2,000 million shares will not be out of the question.

    2,000 million FC'd shares at the current share price of $0.265 gives a MC of $530mil, compared to todays $321mil.
    2,000 million FC'd shares at the, hopefully soon share price of $0.300 gives a MC of $600mil, compared to todays $321mil.

    Food for thought.... wink.png

    GLTAH.
    Last edited by macssharesforfun: 10/07/23
 
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