BCI 2.22% 22.0¢ bci minerals limited

BCI Beautiful Compounding Investment, page-763

  1. 2,338 Posts.
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    They can't do any of this UNTIL.....

    They get approval for testing at the pumpstation and start pumping.
    Only then will they know when they will be in a position to workout a timescale to the first salt income,roughly 2yrs after pumping starts.

    UNTIL then anything anyone guesses is pie in the sky and totally useless.I never expected any difference.

    I bought plenty in the 40s and a few more while lower.

    I don't see much validity in the complaints I hear here.
    Its a construction site and most of the escalatory heavy fuel cost building has been near done to start production.E.G.priced plus fuel cost plus inflation clause.

    The rest of the world has lost Ukranian salt and Russian salt will be toxic for years and isn't cheaply shipped to Asia anyway.

    Just thoughts although I would expect pumping to start sooner rather than later.



 
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