BCB 0.00% 5.3¢ bowen coking coal limited

Ann: Burton Wash Plant and Boxcut Underway, page-13

  1. 440 Posts.
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    A great announcement, it has thrown out all the conjecture of a CR, at this stage we have taken on no more debt and Taurus has shown they have enough confidence in BCB's management's ability and the companies future that they are willing to defer interest payments and increase the loan if needed. Great result.
    Within 6 months 4 mines supplying the CHPP and by the end of the year it will be at full capacity,could be 5.5Mtpa run rate late this year as some work has already been completed on the stage two. Looks like its going to be a significant year for BCB.
 
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