BCI bci minerals limited

IO price on increase, page-6

  1. 2,468 Posts.
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    Not really, for instance.

    If i was in the CEO's shoes.. If the IO price hits $50.. All you have to do is buy a futures agreement, or lock in a forward, or better yet take out a put option for IO. And you can easily continue production while locking in that higher price. Hence as you can see, the amount of time the IO price remains at $48-50 makes no difference.

    I've seen a few small cap miners and energy firms do this, it saved their bacon a lot. Perfect example is SXY.
 
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Last
34.8¢
Change
0.008(2.21%)
Mkt cap ! $996.1M
Open High Low Value Volume
34.5¢ 34.8¢ 34.3¢ $32.02K 92.91K

Buyers (Bids)

No. Vol. Price($)
6 101927 34.5¢
 

Sellers (Offers)

Price($) Vol. No.
35.0¢ 501658 21
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Last trade - 11.11am 08/07/2025 (20 minute delay) ?
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