re: News: BC Iron comments on financial resul... Boned1, I have listened to the BBR a few times now and can also hear the "joy in My's voice" :-))
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I think "burster" is Canadian for "bloody marvelous"....
I was extremely happy to hear about "project inventory" as I believe this is what the market is waiting for.
In simple terms if we get a 20c dividend for the 7 year mine life, the total return would only be $1.40 - I know 20c isn't the "true" profit but it is what we have got so far.
So, sooner or later the dividend or the mine life (or both!) would have to increase otherwise it would be a very bad investment. I reckon the good news from the next 2 quarters will give us a "Burster" share price by Sep this year!
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