BCB 0.00% 6.0¢ bowen coking coal limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-9

  1. 440 Posts.
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    Hi Seuss, Yep, cap raise extremely unlikely as they have already in January sold 192kt which would be around $75M added to the end of Qtr $52M which gives them plenty of headroom to keep cracking forward.
    As BCB has made clear the comissioning of the CHPP is crucial to the growth of the company, it is on track and by the sound of the Qtrly will be ready to produce soon. I would think the the CHPP would cut costs and allow the Burton complex to ramp quickly. We are extremely lucky to have our own wash plant and not rely on external producers which I think would be holding us back a bit now.
 
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