For those unaware, BCI has recommenced posting research, after...

For those unaware, BCI has recommenced posting research, after many requests.

Check out their first efforts in almost 2 years at - https://www.bciminerals.com.au/investors/research_reports.html

BCI have posted CG's (Canaccord Genuity) recent update re IV (dated 17th June 2024) who have raised their price target to $0.49, from $0.47.

Whilst stating the obvious ".........but we are still waiting on approvals" they provide a very positive future for SOP pricing, in particular.

Re SOP - "With regard to SOP, we believe the situation is arguably even more attractive with prices having doubled and now consistently above US$800/t in the important NW Europe market. With ~50% of the SOP market supplied by Mannheim producers, in an inorganic process involving the reaction of MOP and sulphuric acid at high temperature, and sanctions potentially impacting ~38% of MOP supply, we retain our US$600/t price forecast for SOP."


I'll be very much happier once BCI fully commits to SOP. It WILL most definitely be the financial 'cherry' on top of the Mardie cake.

GLTAH.

au revoir...!!!