BCB 0.00% 0.7¢ bowen coking coal limited

buyers coming, page-25

  1. 880 Posts.
    Passport funds might be just about done by now. End of month and l suspect they needed the money.

    20/9 Master Fund had 2,130,733 shares
    20/9 Master Fund II had 1,245,268 shares

    Then on 24/9 the notice showed the following sales:

    Master Fund Sold about 1,650,000 leaving about 500k left
    Master Fun II sold about 970,000 leaving about 250k left

    Figure they're done by now with the volumes that came through the last couple of days.

    They did the same with AZM even before the disapponting DFS.

    Only guessing but they may need the money for distributions.

    Money must be stressed because Cabral has government support, acces to transport, further assays pending and subsequent JORC.

    Not to mention the ridiculously low EV.

    Expecting a strong October.

    GLTA
 
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