My understanding is that bci's deposit are a long time from being in rio's mine plan, however koodaideri is very likely to proceed in my opinion.
I would not give up on Buckland. They have hired a full time person to oversee the project. Iron ore could be any price in 12 months time and if they can get the partners lined up, roll it out on an improving price with financing and partners in place. Could be still very big.
RIO to Develop Koodaideri, page-20
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Last
30.0¢ |
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Mkt cap ! $865.7M | |||
| Open | High | Low | Value | Volume |
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| 25 | 376604 | 30.0¢ |
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| BCI (ASX) Chart |