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1.2¢ bowen coking coal limited

Ann: Change of Director's Interest Notice, page-6

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hightrax

4,010 Posts.

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10/10/23

00:06

Post #: 70256323
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Originally posted by Clybigz: ↑

The 300k plus tonnes we’ve shipped of Met this quarter, is it correct to assume it’s around the $300USD mark or do we not have the info to make that presumption? Because that works out to be over 90mil USD and that’s disregarding the 250k tonnes of other coal we’ve shipped, we should be comfortably looking at at least a 50% increase in revenue from prior quarter, no? With that type of expected positivity & met now trading above $550AUD it’s strange the SP can’t gather any momentum. We were at 16c just over a week ago and you’d think moving closer to quarterly release date it would slowly continue to creep up but instead it’s done the complete opposite.

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In my painful experience punters react very negatively to any dilution from new issues, especially off market. The SP will go to the off market issue price and stay there quite a long time.

Meanwhile the wheels keep turning at the mine sites. The wet season starts soon and it will be interesting to see what the weather has in store for NQ.

BCB Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
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