B2Y 0.00% 2.9¢ bounty mining limited

Ann: Bounty shares coming out of escrow, page-27

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  1. 541 Posts.
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    All good observations, but they are showing productivity increases QoQ and will YoY. The new shuttle cars and sumping units will provide this continual increased production, as will time spent streamlining new processes.


    Also the Bluff toll wash coal will provide a real and significant revenue increase without the huge costs of mineral extraction... I forecast December cash flow to be break even, and potentially negative given the holidays and the difficultly to find labour / high potential for increased injuries around this period... However IMO this could provide a really good entry price for a Q1 CY19 that may include production increases and toll wash coal.


    I'm still sitting on the sidelines, with a tiny holding, but the finger is getting a little trigger happy right now. 



     
 
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