Goarmy, I am also a bit thin at the moment - I wish I had...

Goarmy, I am also a bit thin at the moment - I wish I had "fattened up" when the SP was a bit cheaper :-))

I am not as convinced with the CDG story, did you read the part that their IO is only 30-45% Fe?

BCI have been quite slow to get their 50% BBSO up & going, so I am wondering how well they would go with 30-40%.


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Like I have said many times before I would much rather have BCI concentrate on the existing Pilbara areas ONLY.

One way they could perhaps work this, is get SH to tick a box if they want the CDG investment or not.

Then declare a bigger dividend(which includes the amount they wanted to invest in CDG) and those that have ticked the box will get CDG shares plus their normal dividend and those that didn't will get their normal dividend plus the part that would have been invested in CDG...

...B99 trying to please all of the people all of the time!!