Yes a great quarterly.
Well done to BC Iron management again.
However...
The project inventory results will be deferred until H2 2014
:(
Look I understand that BCI will now implement the lab results in a practical sense. But I don't understand why us shareholders can't see any of the lab results. We originally we going to know every exportable tonne of ore at Nullagine by the end of Q3 FY13 if I'm not mistaken. Then it was to be in the March quarterly. Then by the end of the June. Now we aren't going to be any wiser until Q2 2014. That could be the 30th of June next year. That's potentially 15 months on from the original date. And I'm afraid we may not even know then, considering the amount of delays regarding times already.
I can only guess that management are doing it this way (not releasing the lab results) because they don't want the field results to not match the lab results and disappoint shareholders.
BUT, management I feel also needs to understand that these results were to be released months ago. PLEASE give us more than what we got today in the quarterly. I'm over hearing the words "confident", "optimistic", "successfully completed". I WANT ACTUALLY FIGURES, PRETTY PLEASE :)
For what it's worth, I just 'successfully completed' going to work today. And I'm 'optimistic' that I'll be going to work tomorrow. I'm also 'confident' that work tomorrow will be 'successfully completed' as well. Sorry, I don't mean to be a smart alec, just saying that such words don't tell me *ANYTHING*
I also note that BCI drilled in the last quarter, but I would have no idea where, because the quarterly didn't say.
A very happy shareholder management, I love your work.
But you've gotta give me more info on the project inventory results please, I'm dying here. I've been dying for 4 months now, since the results were originally to be released by March. Please don't tell me I've got potentially another 11 months to wait!
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