BCB 0.00% 0.8¢ bowen coking coal limited

News: BCB Bowen Coking Coal Says Company Strategic Review And Update, page-21

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    I’d like to think you’re right, and certainly hope you are, but it will be a significant challenge for BCB to meet its hefty debt repayment obligations over the next 6-12 months. If they can do that — without another capital raise! — and assuming that their recent shipping/logistical problems can be overcome and that coking coal prices remain at around current levels, the future looks much brighter. As others have mentioned, Shaw’s released a report a few days ago projecting a share price of 32c in 12 months time, all going well. But the next 6 months are critical, and BCB needs to keep its investors well informed over that period.
 
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