BCB 4.29% 7.3¢ bowen coking coal limited

Well, the costs of the three excavation teams on Ellensfield...

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    Well, the costs of the three excavation teams on Ellensfield will continue, but the coal will start being shipped from that mine this quarter, so the costs will be matched to the revenue stream. Exactly when and how much revenue I cannot tell, but the shipping looks likely to begin this month and rise in December. It's the wet season in NQ, but so far it has been fairly dry up there. One positive side of an El Nino drought which seems to be developing in places, is that it will create Ok mining conditions.
    The automatic train loader is reportedly now up and running from the end of last quarter. This will mean much faster loading of trains and reduce expense from the loading contractor. These are interesting things, you can see them in operation if you flick through YT.
 
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