re: News: BC Iron comments on financial resul... ...and I think he referred to the FY13 second half as being a "bumper" period or something of that sort...a good adjective in any case. I might play it again just to hear the joy in MY's voice.
I reckon they have loaded the first half up with some pre-payments (i.e. FMG port & rail) and against the lower IO price the result was somewhat deflated. This is all part of the plan to reward both long term and newer shareholders (like the insto's) by having a bumper second half i.e. not selling out prior to it all unfolding...
oh, yes, and the likely full year dividend as we approach summer.
Well done MY and team.
News: BC Iron comments on financial results for H, page-3
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