Glencore buys Bowen CC neighouring mine, page-4

All this talk about mine development and revenue-generation is premature and a bit silly, imo

BCB SP’s will ebb and flow according to evolving market sentiment over coming months. And this will be driven entirely by outcomes of the exploration program

Declining SP has been driven not so much by selling pressure (volumes aren’t significant, no evidence of major holders selling) but rather a lack of buying interest.

Coal quality analysis from Cooroorah will be the near-term value driver, followed by new JORC. Scoping study will frame commercialisation prospects of the tenement.

Last raise at 2.3c was fully subscribed. Since then we’ve seen outstanding results at Cooroorah, Isaac River acquisition, Hillalong East etc. Fantastic value on offer here for nimble retail investors. This is how money is made.