Well, to be fair, you should also consider the following cash-like ASSETS:
- A$38m inventory at cost
- A$70m rehab bonds
- A$8m security deposits
And let's not forger A46m of current liabilities are (mostly) state royalties.
Two parties could and should make a big difference in helping BCB get back on track: the Queensland government and BUMA.
- A sensible Queensland government (not a given!) could do a lot to help BCB and save 400 jobs. Keywords: rehab bonds and royalties.
- Obviously, the contractors (HSE for Bluff and BUMA for BME and ES) didn't do a great job here. Bluff is water under the bridge but BUMA's work at the two Burton mines is ongoing. BUMA has a fairly big and probably very profitable contract to lose. Wouldn't it be sensile for them to share some of the pain to keep BCB alive?
Well, to be fair, you should also consider the following...
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Last
5.0¢ |
Change
0.003(6.38%) |
Mkt cap ! $142.2M | |||
| Open | High | Low | Value | Volume |
| 4.8¢ | 5.0¢ | 4.7¢ | $64.81K | 1.337M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24720 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 123969 | 2 |
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| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
5.0¢ |
Change
0.003 ( 2.04 %) |
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| Open | High | Low | Volume | ||
| 4.9¢ | 5.0¢ | 4.7¢ | 515029 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| BCB (ASX) Chart |