BCC cashed up for Broadmeadow East development

BOWEN Coking Coal will use the $3 million it raised in a placement to accelerate the development of its Broadmeadow East project in Queensland.

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BCC cashed up for Broadmeadow East development BCC cashed up for Broadmeadow East development BCC cashed up for Broadmeadow East development BCC cashed up for Broadmeadow East development BCC cashed up for Broadmeadow East development

The company has developed an accelerated exploration program at Broadmeadow East to test potential extension of the existing 33Mt.

BCC managing director Gerhard Redelinghuys said the company would also use the funds for general working capital purposes, including Isaac River permitting and business development opportunities.