Just looking at BC Iron quarterly activity report (http://hotcopper.com.au/announcements.asp?id=652465)and see that at 6mt pa they are raking in the cash and have been paying some great dividends.
Looking forward, could this be indicative of IOH's cash flow potential for BS or are there too many differences (that we can determine at the moment) to draw any reasonable parallels.
I must say that I look at BCI with some jealousy (I don't hold any) but very well done to the shareholders and company.
I would be grateful for any help.
IOH Price at posting:
93.0¢ Sentiment: Hold Disclosure: Held