positive cash flow from the december quarter, page-3

Once the cash starts appearing on the balance sheet the SP should star to reflect the potential here.
Will do more tonnes than any junior in the next 12 months and bugger all shares on issue and low market cap can only go one way.
Lets hope some postive drilling results aren't far away.
Cheers
Hotlegs

BC Iron beats guidance, ships 1.1m tonnes
PUBLISHED: 0 hour 52 MINUTE AGO | UPDATE: 0 hour 51 MINUTE AGO PRINT EDITION: 21 Dec 2011

BCIRON FPO (BCI)
$2.470 $0.09 (3.78%) Volume 98689 Value 241745.0
as at 14:49 Australia/Sydney 21 DEC 2011
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Company Profile
Principle Activity Production of and exploration for iron ore
Website htp://www.bciron.com.au

BC Iron has beaten guidance and shipped about 1.1 million tonnes of iron ore in the first half.

The company, which is one of Australia’s larger junior iron ore miners, sent two full cape-size vessel shipments this month from Port Hedland to China.

The amount is slightly ahead of the 1 million tonne export guidance for the first half of 2012.

The company’s share had improved 9¢, or 3.78 per cent, to $2.47 by 1310 AEDT.

The company was on track to achieve two other targets, including raising its production rate to 5 million tonnes and exporting 3.5 million tonnes in the 2011-12 financial year, BC Iron managing director Mike Young said.

He said BC Iron would realise positive cash flow in the December 2011 quarter.

The company began exports this year using joint venture partner Fortescue Metals Group as its port and rail provider.

The two groups are 50:50 joint venture partners at the Nullagine project in Western Australia’s Pilbara region.