BCB 12.5% 0.7¢ bowen coking coal limited

Tri, Points taken re questionable economics of Corroorah and...

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  1. 1,407 Posts.
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    Tri,

    Points taken re questionable economics of Corroorah and Hillalong

    What strategy is management following in your opinion, given insiders / T20 have purchased heavily on market over recent months (doubling stake since RTO), and a significant proportion of shares are escrowed

    It makes no sense to suggest they are offloading marginal assets into this listed vehicle. Is it not more likely they have a reasonable basis to suppose a deal with neighboring tenements may be likely?

    I sold my parcels at 18c (breaking even), while I contemplate a few unresolved questions with this company. May return shortly depending on where I land
 
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