So TM, Bci is currently only earning a 'royalty' (of sorts) from one source, that being Iron Valley, operated by MINRes. To 31 Dec 2017 Bci earned EBITDA of $5.3mil, well down on pcp. Current mine life for IV is around 15 years. There are plans underway for MIN to build a Bulk Ore Shuttle System (BOSS) which will potentially increase earnings for both MIN and Bci from IV via transport cost savings, but it appears to be some way off implementation......
Bci have three other potential IO 'royalty streams' but none of them are 'operational' atm. Of those three, the most likely is Koodaideri South in 2019 via Rio - from memory the royalty is around 2-2.5% of FOB.
You may want to check out the recent conference preso from last month which summarised pretty much all of the above.
Cheers.
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