BCB 0.00% 1.2¢ bowen coking coal limited

Ann: Change in substantial holding, page-10

  1. 51 Posts.
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    ML is on a mission to become the new King of Coal, buying other mines and railroads as well. Sad to see him sell down a bit to finance his other projects.

    Shouldn't shake our confidence, though. Ramp-up is making good progress and prices are strong. The CHPP is getting ready just in time. Sit back and enjoy the ride. This is at least a 5x from here on.

    No downside risk, as we could always sell to our neighbors - but why would we, given the massive undervaluation?
 
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