BCB 1.37% 7.4¢ bowen coking coal limited

Ann: Trading Halt, page-47

  1. 700 Posts.
    lightbulb Created with Sketch. 190
    I'm also surprised they got the full raise away.

    So Bluff is a non-performing money sink. Care and maintenance probably coming up but didn't want to spook the market more than necessary at this time.

    Struggling to get coal on ships from Burton as well. Seems like they are expanding about 6 months too fast. Should've delayed module 2 and Ellensfield South and actually produced a dollar of fcf before pushing on.

    Took the L and drastically reduced my holding today. Thought this team could execute but so far all they have created is a going concern risk while telling half truths to offload as many shares as they can.
 
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Last trade - 10.07am 24/05/2024 (20 minute delay) ?
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