I have read it and I largely disregarded the comments. Do you really think shareholders will benefit from Buckland being loaded up with expensive hedge fund provided debt (the banks will not touch this). Or that a JV partner does a "beneficial deal" in the current Fe market "on favourable terms" to help fund BCI through to production. Good luck with either of those strategies. This smacks of a desperate management team seeking to extend asset life with little regard for shareholder wealth. We saw this funding script may times during 2008 and 2009 ....
More than ever before BCI is going to be held to ransom by the Fe price. I hope it works out for existing shareholders.
I have read it and I largely disregarded the comments. Do you...
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Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $634.5M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.0¢ | $1.106M | 4.915M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 176953 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 40304 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BCI (ASX) Chart |