BCI 1.96% 26.0¢ bci minerals limited

today's article re mike young (the australian), page-16

  1. 10,494 Posts.
    It's a distinct possibility that Regent may come back. This time the company is completly derisked with far more intrinsic value. $5 anyone ?

    I hope I get allocated the $15K worth.

    Now that the JV is owned 75%, the cash will come in like a torrent. With rail and port looked after and very low cost, BCI is a PERFECT T.O target - existing producer with offtake and more ramping up to follow.

    If BCI doesn't get sold or if it doesn't reinvest the money, the dividend in the coming years will be huge.
 
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