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BCI Minerals Ltd
(Sydney:BCI)
BCI Minerals Ltd (BCI) vs. iShares MSCI Australia ETF (EWA)
BCI Minerals Ltd Business Overview & Revenue Model
BCI Minerals Ltd Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 221.00K | 0.00 | 60.16M | 63.00M | 162.46M | 77.49M | Gross Profit |
| -14.83M | -5.73M | 3.78M | -675.00K | 32.37M | 1.05M | EBIT |
| -24.25M | -57.81M | -14.32M | -18.23M | 26.22M | -4.51M | EBITDA |
| -20.77M | -43.40M | -6.74M | -7.19M | 26.98M | 3.56M | Net Income Common Stockholders |
| -9.59M | -15.32M | 9.38M | -15.48M | 21.97M | 377.00K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 70.14M | 265.64M | 121.69M | 271.34M | 80.12M | 42.10M | Total Assets |
| 975.11M | 1.02B | 614.92M | 538.39M | 227.81M | 136.12M | Total Debt |
| 130.36M | 113.84M | 103.99M | 20.50M | 873.00K | 772.00K | Net Debt |
| 65.08M | -145.07M | -5.48M | -211.53M | -78.56M | -40.78M | Total Liabilities |
| 175.14M | 216.22M | 183.46M | 104.16M | 55.14M | 32.00M | Stockholders Equity |
| 799.97M | 805.22M | 431.46M | 434.24M | 172.66M | 104.12M |
| Cash Flow | Free Cash Flow | ||||
| -200.51M | -243.10M | -231.50M | -103.11M | -7.79M | -2.78M | Operating Cash Flow |
| -30.41M | -27.07M | -1.91M | 39.61M | 9.23M | 4.38M | Investing Cash Flow |
| -163.22M | -212.35M | -219.90M | -142.68M | -16.88M | 3.46M | Financing Cash Flow |
| 0.00 | 388.87M | 99.26M | 255.66M | 45.55M | 0.00 |
BCI Minerals Ltd Technical Analysis
BCI Minerals Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
50 Neutral | $2.00B | -1.12 | -21.15% | 3.68% | 2.69% | -30.65% | |
39 Underperform | $822.94M | 68.60 | ― | ― | ― | ||
| $334.20M | 31.25 | 4.44% | ― | ― | ― | ||
| $694.54M | ― | -2.13% | ― | ― | ― | ||
38 Underperform | AU$1.10B | ― | -38.95% | ― | ― | -16.77% | |
| AU$822.43M | ― | -13.59% | ― | ― | ― | ||
45 Neutral | AU$977.82M | ― | -20.07% | ― | 173.87% | -27.93% |
BCI Minerals Ltd Corporate Events
BCI Minerals Ltd has announced a change in the director’s interest, with Brian O’Donnell acquiring 131,527 fully paid ordinary shares through an on-market purchase. This acquisition increases his indirect holding to 2,665,102 shares, reflecting a strategic move that may impact the company’s governance and shareholder dynamics.
BCI Minerals Ltd has released its March 2025 Quarterly Update, highlighting its ongoing commitment to acknowledging the Traditional Custodians of the land in Australia, including the Yaburara, Mardudhunera, Robe River Kuruma, and Whadjuk People. The update reflects BCI’s dedication to respecting these communities and their connection to the land, sea, and community, which is an integral part of their operational and corporate ethos.
BCI Minerals Ltd reported significant progress in its Mardie Salt and Sulphate of Potash Project, with construction reaching 61% completion and the commencement of full-scale operations. The company achieved a reduction in its Total Recordable Injury Frequency Rate and received governmental approvals for its updated Groundwater Monitoring and Management Plan. Additionally, BCI accessed its project debt facility and received recognition for its syndicated project debt facility, winning the 2024 Mining Deal of the Year award.
BCI Minerals Ltd has submitted responses to the Commonwealth Department of Climate Change, Energy, the Environment and Water regarding its Groundwater Monitoring and Management Plan for the Mardie project. The approval of this plan is crucial for BCI as it will allow the company to complete its pond infrastructure and commence full-scale operations, with the first salt shipment targeted for late 2026. The company has already received approval from the Western Australian Department of Water and Environmental Regulation and is awaiting feedback from the Commonwealth. This development is a key step in BCI’s operational expansion and could significantly impact its market positioning and stakeholder interests.
BCI Minerals Limited announced a change in the director’s interest, with Brian O’Donnell acquiring 200,000 additional fully paid ordinary shares through an on-market purchase. This transaction increases his indirect holdings to 2,533,575 shares, reflecting confidence in the company’s prospects and potentially impacting investor perceptions positively.
BCI Minerals Ltd is progressing with the construction of its Mardie Project, which is set to deliver world-class industrial salt. As of December 2024, the project is 56% complete, with a construction budget of $1,443 million and available funding of $979 million, ensuring the project’s financial stability. This development is expected to create sustainable opportunities and value for the company’s stakeholders.
BCI Minerals Ltd has received approval from the Western Australian Department of Water and Environmental Regulation for the second phase of its Groundwater Monitoring and Management Plan at the Mardie Salt and Potash Project. This approval is a crucial step towards commencing full production, with the company now awaiting final approval from the Commonwealth Department of Climate Change, Energy, the Environment and Water. This development is expected to support BCI’s goal of achieving first salt on ship by the second quarter of fiscal year 2027, marking significant progress in their project timeline.
BCI Minerals Ltd reported significant achievements in the first half of FY25, including major milestones in the construction and financing of the Mardie Salt and Potash Project. The company commenced salt production operations and secured environmental approval, marking a critical advancement in their operations. Health and safety remained a priority, with the implementation of new leadership programs and safety measures. The company’s strategic progress strengthens its industry positioning, potentially benefiting stakeholders and the regional market.
BCI Minerals reported a significant loss of $9.6 million after tax for the half-year ending December 31, 2024, largely due to ongoing investment in the Mardie Project. The company recorded no revenue from discontinued operations following the divestment of its Iron Valley assets, aligning with its strategic shift towards industrial minerals. This financial performance reflects BCI’s commitment to transitioning its business model, which, while impacting short-term financials, is intended to strengthen its long-term industry positioning.
BCI Minerals Ltd has announced the quotation of 1,822,015 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move reflects the company’s ongoing activities related to the conversion of options or convertible securities, which may influence its market positioning and affect stakeholders by potentially increasing liquidity in its shares.
BCI Minerals Ltd announced the cessation of 865,120 performance rights from 2024 and 426,139 from 2023 due to unmet or unsatisfiable conditions as of January 17, 2025. This announcement reflects a strategic shift or adjustment in the company’s operations, potentially impacting stakeholders and market perceptions.