BCB bowen coking coal limited

3rd Qter

  1. 839 Posts.
    lightbulb Created with Sketch. 258
    This from Morgans for BCB:

    "Targeting a big 3Q: Very high unsold port and product coal inventories will likely
    translate into large 3Q sales. We think BCB could target +300kt of Mar-Q sales,
    weather and logistics permitting. We understand 200kt has already been shipped
    as at mid-February
    and we expect BCB to generate positive operating cash in 3Q,
    stabilising net cash flow movements"

    Already at $70,000,000 revenue.
 
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