MM’s thoughts on Bowen Coking Coal (BCB)
Hi James, I'd welcome your thoughts on BCB's recent quarterly update and change of CEO. The share has massively underperformed its other pure-play coking coal peers - i.e. SMR and CRN. Is it time to ditch the stock and take a loss? This is frustrating, given the constructive backdrop for met/coking coal. Which of the three mentioned (BCB, SMR, CRN) do you think offers the best exposure? Noting that S32 also has a significant coking coal exposure. Would appreciate your thoughts on the above. Kind regards, Young