As I see things, 4 "planets are lining up" to create conditions to push the SP over the magical $4 barrier.
1)Spot IO prices over $156
2)Possible divie ann coming up soon
3)Probable ann of big increase in reserves
4)Clarification on the future of lower grade ore & cost of benefication.
____
The potential cash generation of BCI is phenomenal:
It is HIGHLY improbable but just think IF the IO prices remained above $150 for a whole year....
$150 - $50(costs) x 6M tons x 75% = $450 MILLION
More than the entire Market Cap - in ONE year !!
(We all know that the above will never happen but even if we achieve HALF of the $450M - debt free & a big divie is possible!)
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As I see things, 4 "planets are lining up" to create conditions...
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24.5¢ |
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Mkt cap ! $706.7M |
Open | High | Low | Value | Volume |
25.5¢ | 25.5¢ | 24.0¢ | $861.7K | 3.481M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 117457 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 50173 | 3 |
View Market Depth
No. | Vol. | Price($) |
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2 | 117457 | 0.245 |
5 | 143333 | 0.240 |
11 | 254805 | 0.235 |
16 | 186207 | 0.230 |
5 | 219970 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 50173 | 3 |
0.255 | 293988 | 4 |
0.260 | 111765 | 4 |
0.265 | 40000 | 1 |
0.275 | 43900 | 3 |
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