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BC Iron Ltd Declares FY 2012 Maiden Dividend; Issues FY 2013 Production Outlook


Monday, 3 Sep 2012 06:30pm EDT 

BC Iron Ltd announced that it has declared a maiden full year dividend of AUD 0.15 per share fully franked, a dividend payout ratio of ~ 31%. The Company expects Nullagine Iron Ore Joint Venture to produce 5Mt of DSO at ~ 57% Fe with cash costs expected at the lower end of the life of mine range of AUD 45 to AUD 50 per tonne. 

Company Quote

3.2
0.09 +2.89%
8:49pm EDT