BCI 1.64% 30.0¢ bci minerals limited

why does this buck the io stock trend, page-2

  1. 1,569 Posts.
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    Hi mgm1a.

    A few reasons off the top of my head:

    ~Under promises, over delivers - excellent management.

    ~Producer. NOT a spec stock.

    ~Until recently, funds couldn't enter BCI due to liquidity issues, which has now been solved. In my opinion, this is the biggest factor considering 73% of ASX trades are by funds.

    ~Recently brought 25% of JV for $120M. Raising the Enterprise Value from AUD$242.7M to AUD$437.7

    ~IF BCI has three more quarters as good as the last. BCI will have a EPS of over $1. IF 40% of that is returned to shareholders as a f/f dividend. Two 20 cent f/f dividends over the next 12 months would be possible.

    ~Project inventory results MAY indicate a dramatic increase in mine life.



 
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