BCB 14.3% 0.8¢ bowen coking coal limited

Lets wait and see what the JT Boyd Concept study says wrt...

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  1. 121 Posts.
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    Lets wait and see what the JT Boyd Concept study says wrt economics before getting too excited.
    The capex burden on the project with drifts and shaft to 300+m will be significant.
    Uneconomic coal is still uneconomic coal regardless of it's yield and quality.
    And bear in mind that the area of the Mammoth seam;
    1. is restricted in to the east of the main fault,
    2. forms only 37 Mt (24%) of the total resource of 154 Mt,
    3. with the seam thickness of 3.7 to 4.5m they may not be able to recover full seam section with conventional bord and pillar.
 
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