BCB 0.00% 1.4¢ bowen coking coal limited

Ann: Additional Raw Coal Quality Results from Isaac River Project, page-9

  1. 1,285 Posts.
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    I do believe our dreams may well come true with BCB,pominoz.I cannot see any nightmare scenario's,not at this market cap anyway.
    It may be of interest that NRW's price sensitive announcement today,was the awarding of a contact from Stanmore Coal for the ramping up of production at it's Issac Plains facility.
    Given that the recent appointment of the COO,who was responsible for the re-start of Issac Plains,and whose strength's lie in cutting through red tape in the permitting process,auger's very well for future prospects.
    I think it probable we will receive a takeover offer from Stanmore between now and the end of the year.The basis of the offer will probably be on the basis of synergy's in merging of the two entities,and would probably involve scrip at a premium to it's last traded price.
    I would not be too worried by the price movements of the last couple of day's.
 
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