BCB 0.00% 1.8¢ bowen coking coal limited

News: BCB MACA Signed Binding Agreement To Divest Bluff PCI Mine To Bowen Coking Coal Ltd, page-12

  1. 839 Posts.
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    Bluff produces 1.2 million metric tonnes a year and it has a life of 4-6 years. Let's use 5 years and very worse case scenario a $100 a metric tonne across all qualities.
    1.2 mill x $100 = $120 mill per annum x 5 years = $600 mill rev for just Bluff open cut? Am I missing something here?
    Is this just right place right time here with current MC?
 
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