BCI Minerals Limited (BCI) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

I'd now like to hand the conference over to Mr. David Boshoff, BCI Minerals Managing Director. Please go ahead. Welcome everyone to the March quarter presentation from BCI Minerals. I'm really excited to be here with you today. We had an excellent quarter and I have to say the moment I received the news that we've got our groundwater management plan approved, I felt like running around the office and high-fiving everyone. It was such a good moment and so good to be here with you this morning. With me is Steve Fuster, he's our CFO, and we'll be taking you through the presentation now. So first of all, I'd like to acknowledge our traditional owners at our project, it's the Marathunara people, as well as the Robe River Kuruma people, and here in Perth, it's the Whadjuk people from the Noongar nation. Over this financial year, just this financial year alone, we've spent more than 13.7 million with our traditional owner partners, And we're really proud to be able to continue to strengthen those relationships with them as we continue to build this project. Now, as at the end of this quarter, our market cap is nearly $700 million. Also, our project is fully funded with nearly 900 million available, not only for the capital of the project, but also for that working capital as we commence operations. Our project, will be the largest salt operation in Australia. It's the third largest in the world. And we've got some unique features that gives us a competitive advantage. One of those is our port. Our port will enable us to load Cape size vessels, the only salt operation in Australia being able to do so with a short access to customers in our region. And as I mentioned just now, our project is fully funded. That allows us to continue to finish the project as well as those funds...