The raising is a bit of a retail killer, I stupidly bought more...

The raising is a bit of a retail killer, I stupidly bought more on market recently thinking (incorrectly) that perhaps we could go the distance on the salt only option without a further raise, to be fair to myself - my opinion on funding was based on the wording of recent announcements. Regardless, I was wrong.

Facts & questions for myself now:

1. We are looking at first production of salt 2027.

2. Are further delays likely? Could this become 2028?

3. Am I willing to double down on BCI now, given we are still 3 yrs from revenue?

4. Whilst we wait for 2027, what volatility will we see in the share price? Will I get the chance to buy stock at 15c down the track?

5. Is the cash required to double down on BCI going to deliver the best return for me over the next 3 yrs? Would I rather spread it around a few of my key stocks that I believe in longer term?

For me this is a no-brainer. I’ll increase here by about 10% and just watch for a chance to buy more below 20c at some point as I can easily see that happening at some point over the next few years.