BCB 3.45% 6.0¢ bowen coking coal limited

Ann: Trading Halt, page-59

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    Costs were also inflated by loading trains with wheeled vehicles. The automatic loader is finally up and running. Each train hauls about 8,500 tons of coal in about 100 wagons. That is a lot of loading with scoops. Also loading of ships has to be prepaid. On top of this the high costs of the initial disastrous pit which will not be finally shut down this quarter. That is likely a take or pay mining contract so I am expecting some considerable cost (ouch!) here too. But it has
    to be shut down.
 
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