In view of our situation IMO we should give half the company to...

In view of our situation IMO we should give half the company to FMG for access to rail and port.

I raised this idea with the CEO after the last AGM but managements idea was they where totally opposed to give FMG 500mt of ore + other assets.

Well this type of deal has done wonders for BCI'S shareprice, AND THEY Have also brought back 25% ownership from fmg. So now 75% bci owned.

Then to minimise capital expenditure imo we should start with 1-2mtpa and mine those ores closest to the surface and as our cash flow improves expand production as AGO and BCI have done.