BCB 0.00% 5.4¢ bowen coking coal limited

Are they? Remember: 1) they are aggressively ramping up...

  1. 45 Posts.
    lightbulb Created with Sketch. 70
    Are they? Remember: 1) they are aggressively ramping up production, which comes with up-front expenses (stripping/overburden, new staff, new equipment), 2) they built stockpiles at BME but couldn't wash and sell the coal, 3) some expenses may be related to the refurbishments and one-off in nature, 4) production and logistical issues due to rainy season, 5) Bluff is more reliant on third parties (washing, TLO) and Burton will be cheaper logistically. You may want to divide reported cost by ROM production (about 500,000t) and it should be safe to assume there will be scaling benefits as volumes increase and the Burton mines become dominant. Adjusted for these factors... cost/t looks pretty good actually!?
 
watchlist Created with Sketch. Add BCB (ASX) to my watchlist
(20min delay)
Last
5.4¢
Change
0.000(0.00%)
Mkt cap ! $153.5M
Open High Low Value Volume
5.4¢ 5.7¢ 5.3¢ $78.20K 1.413M

Buyers (Bids)

No. Vol. Price($)
1 43122 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 173880 1
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
5.4¢
  Change
0.000 ( 1.69 %)
Open High Low Volume
5.4¢ 5.7¢ 5.3¢ 166623
Last updated 15.58pm 10/05/2024 ?
BCB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.