BCI 1.67% 30.5¢ bci minerals limited

There are 3 sentences that stand out in the report:FY2013 total...

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    There are 3 sentences that stand out in the report:


    FY2013 total dividend of 35.0 cents per share at a payout ratio of 60% on underlying profit after tax

    Total Shareholder Return for FY2013 of 37.2%

    Following the Fortescue transaction, moved from Net Debt of $78M at 31 December 2012 to Net Cash of $35M at 30 June 2013

    ______

    That is a FANTASTIC achievement - BCI is the best company I have ever invested in!!

    As we all know, a "Fully Franked" dividend of 35c works out to a whopping 50c once you claim the tax back (assuming your shares are in your Super).

    For thousands of years, chemists have tried to turn lead into gold and never succeeded - yet, in a few short years, BCI has managed to turn iron into gold, unbelievable!!
 
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