BCB is a $657mn QLD based small cap we like in the space, they have announced their second shipment of ~40kt of metallurgical coal from its Bluff Coal mine and initial processing at Broadmeadow East. Bowen has also announced that refurbishment of the Burton coal handling processing plant (CHPP) and train load out (TLO) facility has commenced, in other words the business is starting to fire up just as coal prices surge ever higher.
- We like this stock around 5% lower for the more adventurous investor.
MM likes around 40c
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