Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Australia
  4. Australian Stock Exchange
  5. Bowen Coking Coal Limited
  6. News
  7. Summary
    BCB   AU000000BCB5

BOWEN COKING COAL LIMITED

(BCB)
Delayed Quote. Delayed Australian Stock Exchange - 01/16 09:58:07 pm
0.1725 AUD   --.--%
2021Bowen Coking Coal Acquires Bluff Mine; Shares Jump 6%
MT
2021Bowen Coking Coal Acquiring Queensland Coal Projects; Shares Climb 6%
MT
2021BOWEN COKING COAL : Application for quotation of securities - BCB
PU
SummaryQuotesChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Bowen Coking Coal Limited Announces Infrastructure Deal with Fitzroy

08/31/2021 | 07:38pm EST

Bowen Coking Coal Ltd. has taken another significant stride in its transition from an explorer to producer signing a term sheet with an agreement with Bowen Basin coking coal producer Fitzroy to share infrastructure and capacity. Close on the heels of announcing its pending acquisition of New Hope Coal's 90% interest in the New Lenton Joint Venture, which owns the Burton Mine and New Lenton Project in the northern Bowen Basin, Bowen has agreed to provide Fitzroy with access to surplus capacity of the haul road, accommodation camp, surface infrastructure and water supply at Burton Mine for its future development projects. In return, Fitzroy will transfer 1Mt of its DBCT port access to Bowen on a permanent basis, provide Bowen with short term access to its port and rail capacity, as well as up to 1Mtpa access to its Carborough Downs CHPP. Fitzroy has also agreed in principle to grant Bowen access to its Broadlea Mine surface infrastructure (abutting Broadmeadow East) including the office and laydown area, in reciprocation for access to Bowen's Burton infrastructure including the workshop, office, communications and power infrastructure. This will significantly reduce the need for infrastructure related capital expenditure at Broadmeadow East. Additionally, Fitzroy has agreed in principle to allow Bowen to extend the Broadmeadow East Project into a small part in the northern area of the contiguous exploration permit (EPC667)1, and allow for the mining lease ML70257 to be extended over that area in exchange for an agreed royalty payment. In addition, Fitzroy will be permitted to mine underground, below the Mallawa Haul Road from the adjacent Ironbark no 1 Mine, under a matching/similar royalty structure. This proposed agreement will be subject to Bowen completing the Burton Mine and Lenton Project acquisition2 from New Hope Corporation, approval from the New Lenton Joint Venture, various other stakeholder consents, as well as the execution of formal transaction documents. In the interest of timing for both parties, provision has been made for early access to some of the infrastructure prior to the completion of the Burton transaction, subject to approval by all relevant stakeholders.


ę S&P Capital IQ 2021
All news about BOWEN COKING COAL LIMITED
2021Bowen Coking Coal Acquires Bluff Mine; Shares Jump 6%
MT
2021Bowen Coking Coal Acquiring Queensland Coal Projects; Shares Climb 6%
MT
2021BOWEN COKING COAL : Application for quotation of securities - BCB
PU
2021Noosa Mining Conference Presentation
PU
2021Bowen Coking Coal Exercises Call Option to Acquire Queensland Mine
MT
2021Bowen Coking Coal Limited announced that it expects to receive $11 million in funding
CI
2021Bowen Coking Coal Limited to Acquire Bluff PCI Coal Mine
CI
2021Bowen Coking Coal Limited Reports Earnings Results for the Full Year Ended June 30, 202..
CI
2021Bowen Coking Coal Limited Announces Resignation of Blair Sergeant, Non-Executive Direct..
CI
2021Bowen Coking Coal Limited Announces Infrastructure Deal with Fitzroy
CI
More news
Financials
Sales 2021 0,00 M 0,00 M 0,00 M
Net income 2021 -3,22 M -2,32 M -2,32 M
Net cash 2021 2,87 M 2,07 M 2,07 M
P/E ratio 2021 -19,8x
Yield 2021 -
Capitalization 222 M 160 M 160 M
EV / Sales 2020 346x
EV / Sales 2021 123 587x
Nbr of Employees -
Free-Float 60,5%
Chart BOWEN COKING COAL LIMITED
Duration : Period :
Bowen Coking Coal Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Managers and Directors
Gerhard Redelinghuys Chief Executive Officer, MD & Director
Daryl Edwards Chief Financial Officer
Nicholas Christian Jorss Executive Chairman
Michael McKee Chief Operating Officer
Neville William Sneddon Non-Executive Director