60,000 t coking coal were ready for shipment at the Bluff mine at the end of Q2. 170,000 t in BME - probably mainly thrermal.Their production costs (230,000 t) were therefore already incurred in q2. Therefore, this alone should generate enormous cash inflows in q3. Plus another 400,000 t of coking coal and thermal. Q3 should be a very good quarter.Because 31 million A$ in cash came into the coffers right at the beginning of July.
BCB Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
