It gave away one mine more or less to avoid upkeep. It still has royalties from Min that specifically involves I/o (accounts for all the $ in bank to date from what I can tell along with institutional investment of OPM).
BCI had a lull in I/o pricing which Was the reason for looking for a diversified income base beyond leasing of mine to min as far as I know. Salt was a very odd decision that didn’t involve shareholder input really. In theory BCI still has similar I/o interest less the nine they gave away on the quiet less shareholder input. Long time ago but really the company has more asset base now than when it was trading at $5.
something very odd with this investment . But it is what it is.
Mardie Media, page-184
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BCI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $634.5M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.0¢ | $1.106M | 4.915M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 176953 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 40304 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BCI (ASX) Chart |