BCB 0.00% 5.4¢ bowen coking coal limited

you wrote: QTER ROM 600,000 X .7 ave yield is 420,000 product...

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    you wrote: QTER ROM 600,000 X .7 ave yield is 420,000 product mix of which .6 is coking ie 245,000 x $50 margin = 12.2mill

    BCB says: with 4 vessels totalling 199 kt being shipped in the month (June)
    This is the shipping rate we have been aiming for and looking to maintain from the two operations as an average per month for the quarter (q3).

    So 3 x about 200 kt = 600 kt

    So if i take your numbers and bcb
    i get this
    600 kt *0,6 = 360 kt * 50 = 18 mil.
    600 kt *0,4 = 240 kt * 30 = 7,2 mill

    and I have not taken into account the non-existent production costs for 240 k tonnes.
    So there should still be a large part of cash to be added.But even if you were too optimistic and the ratio of coking to thermal is 1:1, it should be a very good quarter.
    if we're correct 25-30 mill A$ cash from sells are possible

    And that will happen again in q4 and maybe even better.

    Please correct me in my calculation if I am wrong.
 
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