B2Y
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0.00% 2.9¢ bounty mining limited

Ann: June 18 quarter production report, page-30

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  1. hilly_sandman
    541 Posts.
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    16/08/18
    11:37
    Post #: 34974294
    $62M market cap - starting to become appealing for a high risk investment, especially if you believe in long term demand for coking coal...

    They have no long term debt - so you would think there is no need for a capital raise - rather loan facility... Any loan interest could be paid for by PIK, that's if they continue with negative cashflow and funds are needed to ensure 2.2Mt ramp up is complete...
    B2Y Price at posting: 30.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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