BCI 4.08% 25.5¢ bci minerals limited

Interesting to look back on these comments and how the last...

  1. 7,117 Posts.
    lightbulb Created with Sketch. 845
    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.
 
watchlist Created with Sketch. Add BCI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.