Scale??? What throughput do you envisage for the BCM low grade...

First 17 Last

Share
Profile

Follow
ozbucheron

1,662 Posts.

356

11/05/24

19:03

Post #: 73779916
Share

Originally posted by Midnight26: ↑

I'm not too concerned about funding. Last raise we didn't have a billion tonne MRE, now we do, which will fly at current prices from what I can gather. Just because somebody else has a higher grade resource doesn't mean ours won't fly. Also we don't need to do a big raise to pay off Lind any more.

The big money appreciates the scale and low costs as much as grade, there's lots of upside in the MC relative to peers, we're highly levered to any recovery in REE prices and the cash burn should drop off for now with the MRE completed.

We don't need a big raise to deliver the scoping study. A shallow, broad-spaced ~200 x 200m drilling program which will be cheap in Brazil and will increase grade and tonnage as they test the full saprolite profile at Ema and Apui.

We have $4M on hand to call from our rich Uncle Drake who will be very happy with the latest developments, PM assays incoming, and with his REE experience we have a very well connected MD at the helm who will come in very useful when we're looking for offtakes. Hopefully buyers soak up the selling soon.

Expand

Scale??? What throughput do you envisage for the BCM low grade resource? How many billions in capex?

It appears MEI have opted for a 5Mtpa plant despite the hundreds of millions of tonnes at their disposal.

BCM Price at posting: 2.6¢ Sentiment: Sell Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

PAR

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

OCC

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

First 17 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 1.1¢		Change 0.000(0.00%)		Mkt cap ! $14.41M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
4	1369990	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	826780	6

View Market Depth

No.	Vol.	Price($)
4	1369990	0.010
12	5359922	0.009
5	1480892	0.008
2	3233000	0.007
3	1584000	0.006

Price($)	Vol.	No.
0.012	826780	6
0.013	3404394	9
0.014	625342	5
0.015	1935799	3
0.016	500000	1

Last trade - 09.49am 27/06/2025 (20 minute delay)

BCM (ASX) Chart

Day chart unavailable

Scale??? What throughput do you envisage for the BCM low grade...

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Australia’s gas crisis is here – and dying coal plants aren’t helping

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Scale??? What throughput do you envisage for the BCM low grade...

Top Stories

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Australia’s gas crisis is here – and dying coal plants aren’t helping

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News