mike young prepares for post bci, page-49

Hello Chelkn
I want to congratulate you on your well considered post. It is not a message we all want to hear but your post is well considered, the logic hard to fault and probably not far off the real truth.

I like many have made over 50% on my investment. The lack of a T/O premium does still rankle but I have moved on in my mind at least. I wil hold in case another suitor applies.

An earlier post today suggested that only the directors wil be the winners. Possibly, I have avoided companies in the past where the current chairman was involved. I became involved with BCI having met MY about 18 months ago and just loved the BCI story.

good luck to us all
cheers
W2
PS If looking to get in early on something that could be rather large check out TNG It is a mixture of Vanadium, Titanium and iron ore. It is a projct with an ultra conservative cash flow forecast of $3.55B over 24 years. It is possibl that the deposit will be 3-4 times than is currently inferred. Announcements are likely to come thick and fast in the coming weeks on possible JV partners and or other funding options.