Ann: Trading Halt, page-81

Sorry, @wasp17, but if you’re really looking for the truth here, you need to ignore the comments of your mate at the mine. $1 within 12 months is an absurd and entirely unrealistic target, not least given the massive dilution of shareholder value created by successive large capital raises. If you’re looking for a more realistic price target, think of 15c within 6-9 months and, if all goes very well, 20c within 12-18 months. Even those targets are optimistic, but plausibly realistic (if the coal price holds and costs can be held in check).

If the BCB share price does reach $1 by end ‘24 I’ll be the first to apologise to you and your mate.