BCB 3.64% 5.7¢ bowen coking coal limited

Currently:Sales price AUD $270 Less costs $242 = $30 margin....

  1. 685 Posts.
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    Currently:
    Sales price AUD $270 Less costs $242 = $30 margin. Hopefully better given strip ratio is trending down:
    "Burton is on track to achieve our longer-term target ROM strip ratio (bcm/t) of approximately 7:1, particularly at Ellensfield South with a remaining strip ratio, based on the current mine design, of 5:1."
    Forecast to sell 500,000t next qter x $30 is $15M per qter after everything. Not great but not broke yet.
 
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