BCB 1.89% 5.4¢ bowen coking coal limited

It's a new entrant and in the growth phase of early production....

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    It's a new entrant and in the growth phase of early production. The others are mostly established. This accounts for much of the difference. Its less a marginal producer than many but there are others that are better grade by some way, such as some still being held by BHP.

    There is much more potential upside in the SP for BCB than for a lot of the others. Many have more potential downside than up, among them BHP. Probably a good coal strategy to hold a mix of established and growth producers. This is a growth producer.

    The market is hot on lithium etc and cold on coal, which means high dividend yields are available on coal miners. Lithium is still hot despite prices of lithium declining 80% from recent peak amid oversupply and the collapse in demand for overpriced and highly problematic electric vehicles worldwide.

    Coal demand has never been higher for power generation.

    Yep, there are substantial debts to be settled. It's like newlyweds with a family on the way and a big mortgage on the first home. These should be cleared away fairly fast if coking coal prices hold or rise.

    Had a reasonable amount of luck with the weather so far this wet season, just what the doctor ordered. No doubt there will be some water problems though. Thats the climate here.
 
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