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Added to YB: 2024-10-16

Pitch date: 2024-09-30

BCI.AX [bullish]

BCI Minerals Limited

+28.81%

current return

Author Info

No bio for this author

Company Info

BCI Minerals Limited, a mineral resources company, engages in the development of mineral assets in Australia.

Market Cap

AUD 901.4M

Pitch Price

AUD 0.29

Price Target

N/A

Dividend

N/A

EV/EBITDA

-14.83

P/E

-11.62

EV/Sales

N/A

Sector

Metals and Mining

Category

special_situation

Show full summary:
Sandon Capital Activist Fund Portfolio Holding: BCI Minerals Limited

BCI.AX: Developing Mardie salt/potash project in WA, $690M invested. Secured $981M debt, $400M equity funding. Salt offtake deals with Wanhua & Chandra Asri. 44% complete, first salt shipment Q4 2026. $145.8M net cash, $0.285 share price. Inexhaustible seawater resource, minimal ongoing capex. SOP plant FID pending.

Read full article (1 min)