BCB 1.67% 6.1¢ bowen coking coal limited

a few delays due to production issues (weather, labor,...

  1. 45 Posts.
    lightbulb Created with Sketch. 70
    • a few delays due to production issues (weather, labor, pre-stripping) and processing bottlenecks (3rd party CHPP)
    • production and sales will materially ramp up in the current quarter
    • by March 23, our own CHPP will be operational
    • record coking coal prices are holding up given global gas shortages / switching into thermal market, despite looming recession

    Summary of various reports


    Oct-Dec quarter

    • expected sales of about A$100m
    • expected maiden positive operating cashflow

    Bluff

    • production delays due to weather delays, labor shortages,new water pits (effectively pre stripping)
    • steady-state operation (ROM 80-100ktpm) expected later inOct-Dec 22 quarter
    • sales of 180kt Oct-Dec 22
    • ULVPCI coal trading at over US$282 (Oct 10)


    Broadmeadow East

    • sales of 140kt in late Dec 22 (washing capacity set at 42kt/mth till Dec due to capacity constraints at 3rd party provider)
    • to compensate, unwashed (bypass) coal will be sold into thermalmarket
    • own Train Load Out facility available from Nov onwards
    • crushing circuit of own CHPP expected to be recommissionedin the Oct-Dec 22 quarter
    • own wash plant (2.5mtpa initial capacity) expected to berestarted in the Jan-Mar 23 quarter
 
watchlist Created with Sketch. Add BCB (ASX) to my watchlist
(20min delay)
Last
6.1¢
Change
0.001(1.67%)
Mkt cap ! $173.7M
Open High Low Value Volume
5.9¢ 6.1¢ 5.8¢ $131.3K 2.187M

Buyers (Bids)

No. Vol. Price($)
3 641224 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
6.1¢ 342019 3
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
BCB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.