BCI 1.92% 25.5¢ bci minerals limited

maiden dividend announced !, page-26

  1. 3,668 Posts.
    lightbulb Created with Sketch. 438
    About the 15 cents dividend.....payable next week.

    Some rough accounting.....

    It cost BCI about $M16 to pay this, or $M32 for a full year.

    Currently cash in the bank is about $M90.

    You would have to think the dividend is sustainable even with lower IO prices.

    And BCI might make profits elsewhere with other ventures and increase the dividend!

    Pat
 
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