CAPITAL MARKETS

BC's balance sheet still strong

BC IRON shares surged off the back of an update on the company’s balance sheet, costs and operations in the wake of a plummeting iron ore price.

Kristie Batten
BC's balance sheet still strong

The company ended the March quarter with cash of $A107.5 million and debt of $US35.8 million ($A46.5 million), down slightly from $A110.1 million at the end of December due to Nullagine capital expenditure....

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