I don't think they'll wait until the debt is paid off to start the dividend flow as the company's market cap will rise significantly with revenue and the debt will get to a comfortable gearing ratio relatively quickly. The question is whether the company will see a significant de-risk occur once the EPA approvals and final equity is confirmed, or whether we'll need to get closer to first sales.
We should see a slow and steady rise over the next 12 months provided construction progress progresses in line with the budgets imo.
Qtr Report Nuggests, page-22
Add BCI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $677.8M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.5¢ | 22.5¢ | $154.0K | 667.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 579955 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 69795 | 2 |
View Market Depth
| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
|
|||||
|
Last
23.5¢ |
Change
0.005 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 23.0¢ | 23.5¢ | 23.0¢ | 240097 | ||
| Last updated 15.58pm 23/05/2024 ? | |||||
| BCI (ASX) Chart |