BCB 12.5% 0.7¢ bowen coking coal limited

Glencore buys Bowen CC neighouring mine, page-12

  1. 121 Posts.
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    Moss, I've seen all of this a few cycles over. It's called "nearology", and while it has worked for some, it has failed for plenty more than 'some'. The more successful ones e.g. Aquila gained access to far more material / substantial tenements and made new and additional deposit discoveries than the already somewhat picked over scraps that are being assembled here. Glencore is not a fun organisation to deal with (Hail Creek) and will be far less receptive than Rio ever was. We'll have to wait and see at Curragh with the new owners how receptive they are and what the value proposition is to access their infrastructure from BCB. Isaac River has limited fit, and I would not be banking on any cooperation from BHP ... Aquila / Vale had already assessed that.
 
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