shorters, page-11

As I see it, BCI must come up with convincing future plans to get the share price up.

A good start would be the mine life extension of a few years.

With the current mine life and likely dividend payouts for that period, it does not really add up, from a shareholder point of view, as a good investment. That is reflected in the low share price and ridiculous low p/e ratio.

BCI will soon have a quarter of a billion dollars cash in the bank and not much debt. A core of very good management at Board and executive level. It is good they are awaiting their time to strike and I am confident that when they do it might be good.

What I want is mine life details soon and then, in due course, a sound venture outside of Nullagine.