In the MACA Chairman's address and market update, dated 14th November, MACA have reaffirmed that they are expecting first coal from the Bluff project in February 2019.
So one can assume that from March 2018 B2Y should be toll washing coal. This is going be a nice little catalyst, that will provide much needed additional cash flow - should hit the books Q4 4C report. Be very interesting to see whether or not Bounty can drive a cash flow neutral business before March.
B2Y Price at posting:
21.5¢ Sentiment: Hold Disclosure: Held
