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0.00% 1.6¢ bowen coking coal limited

Ann: Bluff Mine Update, page-43

  1. cotboy
    408 Posts.
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    04/02/22
    23:19
    Post #: 59371832
    Envelope doodlings: Bluff alone - 2022 production say 500000t @ $250/t clear = $125million year 1 revenue. If they reached 1M t/annum @$300/t clear (target possible if not in fact probable), then revenue = $300 million. Then add in the other projects.... At PE of say 3, this company should have market cap approaching $900M once production recommences, or trading at 60-70cents downside. Thoughts?
    BCB Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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