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4.08% 25.5¢ bci minerals limited

My revised view of BCI, page-2

  1. SuperWealthy
    7,118 Posts.
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    17/02/16
    22:29
    Post #: 17047668
    Interesting to look back on these comments and how the last couple of weeks has played out.

    Iron ore spot price was up again last night to about $46USD.

    I can see this run taking BCI back up to the 14c-16c range, this will still be trading at a discount to the cash held by BCI but with opex so low and $10-$12 million EBITDA its easy to see BCI trading higher than the current 10c.
    BCI Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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