BCI has solid management despite what is peddled here. Circumstances change and iron ore miners are price takers. If you all knew so much why did you not know where the IO price was headed and stay away from the sector? Blaming company management for the outcome of your own investment decisions is a cop out.
BCI was punished for years for not having sufficient mine life at Nulllagine. They found a solution and proceeded with it. It would have been fantastic had the IO price stayed above $120. It did not and that is not BCI managements fault.
Man up.
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