Brief: Bowen Coking Coal Says Company Strategic Review And Update

Bowen Coking Coal

28/08/2023 02:41

Aug 28 (Reuters) - Bowen Coking Coal Ltd  BCB.AX :
    * COMPANY STRATEGIC REVIEW AND UPDATE
    * BLUFF MINE IS CURRENTLY UNDERGOING A STRATEGIC REVIEW
    * DISCUSSIONS BEING HELD ABOUT FUTURE OPERATIONAL STATUS OF
BLUFF
MINE
    * EXPECTED THAT A FINAL DECISION ON NEAR-TERM FUTURE OF
BLUFF
OPERATIONS WILL BE MADE SHORTLY
    * ENTERED DISCUSSIONS WITH A NUMBER OF POTENTIAL STRATEGIC
INVESTMENT PARTNERS
    * COMMENCED A SALE PROCESS FOR ITS ISAAC RIVER COKING COAL
DEVELOPMENT PROJECT
    * CHANGES WILL SEE CO ACHIEVE ROM PRODUCTION IN NEAR TERM OF
A
2.4MTPA TO 2.75MTPA ROM ANNUALISED RATE

Source text for Eikon:  ID:nASX6Q32Z6 
Further company coverage:  BCB.AX 

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