Hone, thanks for sharing that report with all of us - it was music to my ears !!
Fantastic news that BCI is back in a net cash positive position - I would be more than happy to forgo this year's dividend and just pay off the pesky loan. I am also very pleased that Morgan is continuing Mike's policy of being happy for BCI to carry on with its existing size if nothing better crops up.
I am guessing the 7 - 10 year mine life is based on the new 6M ton/yr rate and no doubt include the benefication program.
It would seem that we will have to wait another quarter to get an indication of how much the benefication process will cost per ton and how long the new mine life will be.
Looking forward to the end of year report in a few days time.
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