BC Iron released their quarterly production report yesterday and Macquarie retain an outperform rating on the stock

BC Iron released their quarterly production report yesterday and Macquarie retain an outperform rating on the stock. BCI Outperform - Higher prices offset softer shipments. Headline iron-ore shipments were below our expectations; this was due to one late shipment rather than anything of an operational concern. The low-grade processing trial is ongoing with results expected to be released in the next few months. BCI remains our preferred mid-cap iron-ore names with the company expected to generate its market capitalisation in free cash flow within four years.