BCB bowen coking coal limited

Ann: Suspension Update, page-2

  1. 1,438 Posts.
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    They keep reiterating how unsustainable the royalties scheme is - I guess they’re trying to get the message through to the state gov & the QRO.

    Also emphasising the part regarding they will keep shipping product - clearly inferring their production costs aren’t really the ongoing concern here but rather the royalties scheme.

    I’d have no issue with this suspension if they’d simply done it on the day they released the last announcement instead allowing the market to wipe out a vast majority of their market cap.

    I’ll still maintain those that dumped such a substantial quantity of shares over those 2 days did so knowing a hand-out request would presumably be forthcoming.
 
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