BCB 0.00% 1.4¢ bowen coking coal limited

Ann: Quarterly Cashflow Report, page-14

  1. 1,286 Posts.
    lightbulb Created with Sketch. 403
    I have been looking at a few Charts,it may be interesting to note that SMR was a 5 cent microcap 4 years ago.
    To be honest I see more potential here in that BCB has a stronger starting base in its suite of assets.Money or the ability to raise funds should not be a problem in that MET coal is a hot sector and will remain so for some time.The withdrawal of Wealth Funds to sponsor exploration or development of Coal in general,[due to Green activist groups],should be viewed as a positive,in that it restricts the number of projects around the world that larger investors have the ability to take a position in.
    With regard to short term price,6c is a certainty,10c would be a stretch.Having said that,larger investors with deeper pockets than mine,[and fully aware of macro-economic factors],make this a possibility.
    The short term catalyst would be a Resource upgrade at Issac River.I am in this from a medium term prospective and as such I am not ramping.
    Any trades around current levels should be regarded as a gift to the longer term investor.
 
watchlist Created with Sketch. Add BCB (ASX) to my watchlist
(20min delay)
Last
1.4¢
Change
0.000(0.00%)
Mkt cap ! $39.88M
Open High Low Value Volume
1.4¢ 1.5¢ 1.3¢ $129.0K 9.136M

Buyers (Bids)

No. Vol. Price($)
12 5363592 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 361530 2
View Market Depth
Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
BCB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.