Ann: Director Appointment/Resignation , page-19

chelkn said: "BCI's opex figure at the moment is $40t. That's the only figure you need to worry about"

do you have evidence for that?

the last Q cash flow report had 570,203 tonnes produced costing BCI $19,096,000 in production costs

is the 570,203 tonnes produced joint production?

is the $19,096,000 in production costs only BCI's expenditure?

does the cash flow report only report on a cash basis rather than on an accruals basis, including amounts payable?

if these assumptions are the case, BCI produced at at least $67/t during the last quarter

happy for clarification

the 1/2 yearly BCI report due in February, which is the 1st half close to economic production, will be the test to see if this low grade junk can be produced at $40/t

regards