BCB 0.00% 6.0¢ bowen coking coal limited

Ann: Burton Coal Resource Update, page-5

  1. 3,934 Posts.
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    Its deeper and not greatly thick.Maybe if coal prices go up it could be more attractive, but its good to know more about what is there. They are just passing along the new information they have. Probably required. There is no hype with the message, really. I'm thinking the March Q report is going to surprise the doomsayers on the positive side, with new strong sales from the Ellensfield pit. I'm looking for 8-10c before too many months have passed. Much more later depending on movements in coal prices.
 
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