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News: BCB Bowen Coking Coal Says Company Strategic Review And Update

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    28/08/23
    11:45
    Post #: 69584734

    Aug 28 (Reuters) - Bowen Coking Coal Ltd (BCB) :

    • COMPANY STRATEGIC REVIEW AND UPDATE
    • BLUFF MINE IS CURRENTLY UNDERGOING A STRATEGIC REVIEW
    • DISCUSSIONS BEING HELD ABOUT FUTURE OPERATIONAL STATUS OF BLUFF MINE
    • EXPECTED THAT A FINAL DECISION ON NEAR-TERM FUTURE OF BLUFF OPERATIONS WILL BE MADE SHORTLY
    • ENTERED DISCUSSIONS WITH A NUMBER OF POTENTIAL STRATEGIC INVESTMENT PARTNERS
    • COMMENCED A SALE PROCESS FOR ITS ISAAC RIVER COKING COAL DEVELOPMENT PROJECT
    • CHANGES WILL SEE CO ACHIEVE ROM PRODUCTION IN NEAR TERM OF A 2.4MTPA TO 2.75MTPA ROM ANNUALISED RATE
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