13
Oct
04:08
Cokal sees BBM to generate lucrative cash flow
Australian metallurgical coal miner Cokal expects imminent production from its Bumi Barito Mineral (BBM) coal mine in Indonesia to generate lucrative cash flows for the company, Kallanish notes.
The company says in an investor presentation BBM first coal sales in 2022 will capture high coal prices. It expects first production of coking coal in Q4.
According to the firm, it has secured attractive domestic and international coal marketin…
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