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How Is BCB Navigating Liquidity and Margin Pressures Amid Major Mine Transition?
9:58am on Monday 14th of July, 2025 AEST
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Mining
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How Is BCB Navigating Liquidity and Margin Pressures Amid Major Mine Transition?
9:58am on Monday 14th of July, 2025 AEST
Key Points
BCB confirms liquidity challenges and deteriorating margins were previously disclosed and known to the market
Working capital impacts from Burton Mine’s owner-operator transition deemed material and disclosed accordingly
Company remains compliant with debt facilities and engaged in negotiations with mining services provider BUMA
Directors affirm ability to pay debts and support continued ASX listing under Listing Rule 12.2
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Bowen Coking Coal (ASX:BCB)
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