BCB 0.00% 1.2¢ bowen coking coal limited

Lol @Clybigz. There wasn’t enough money for BCB to do any of...

  1. 5,187 Posts.
    lightbulb Created with Sketch. 5218
    Lol @Clybigz. There wasn’t enough money for BCB to do any of those things you’ve said without them tapping the market and seeking debt relief. That’s why this all happened:

    - 31 Mar: deferred two Taurus debt repayments
    - 6 June: raised $50M
    - 11 July: sold down 10% of BME
    - 24 July: took on an extra $10.7M debt from Taurus
    - 28 Sept: put Bluff on Care & Maintenance
    - 29 Sept: deferred debt repayments for 12 months
    - 29 Sept: issued $10M of stock to NHC to reduce debt
    - 23 Oct: sought deferral of $21M of QLD royalty payments
    - 2 Nov: now raising another $50M

    But you do you and keep doubling down! haha
    Last edited by mondyinvest: 02/11/23
 
watchlist Created with Sketch. Add BCB (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.