BCI 1.89% 27.0¢ bci minerals limited

Some interesting points chelksOne thing I dont understand why...

  1. 3,850 Posts.
    lightbulb Created with Sketch. 146
    Some interesting points chelks

    One thing I dont understand why management are dragging their arse on the BBSO and communicating it to the market.

    Bonnie East all but confirms 10 YR Mine life. How much further can BBSO increase mine life and the likely hood of an increase in production rates. Say 3-4MTPA.

    Are we talking 1-2 or 3-5 years. Or can it be done? Makes a big difference to valuation IMO.

    Any Acquistion can only be done via Debt IMO. SP doesnt reflect true value - with the KPMG report out there.

    Can't see Consmin or Regent being too happy issuing shares to Insto's at these pirces.

    On the other hand Consolidated and Regent's buying of late could have quite easily pushed the price if this was on the cards using scrip. Yet SP is being held back.

    Cheers












 
watchlist Created with Sketch. Add BCI (ASX) to my watchlist
(20min delay)
Last
27.0¢
Change
0.005(1.89%)
Mkt cap ! $778.8M
Open High Low Value Volume
27.0¢ 27.0¢ 26.5¢ $149.3K 557.7K

Buyers (Bids)

No. Vol. Price($)
7 131617 26.5¢
 

Sellers (Offers)

Price($) Vol. No.
27.0¢ 75453 1
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
BCI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.