Bowen Coking Coal Receives Statutory Demand From BUMA Australia
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3 Articles
Bowen Coking Coal Receives Statutory Demand from BUMA Australia
Bowen Coking Coal Ltd (ASX: BCB), a company focused on developing a portfolio of high-quality coking coal projects in Queensland’s Bowen Basin, today announced it has received a creditor’s statutory demand from BUMA Australia Pty Ltd. The demand, received on July 16, 2025, is for $6,818,017.28, which forms part of a larger claim of $15,288,017.28 (including GST) for which Bowen Coking Coal received a demand for payment earlier in the week. The a…
BUMA hits Bowen Coking Coal with statutory demand
BUMA Australia is keeping the heat on Burton mine complex owner Bowen Coking Coal, issuing a creditor’s statutory demand for more than $6.8 million. Under the Corporations Act, failure to pay the amount demanded within 21 days would constitute a deemed insolvency event, Bowen Coking Coal said. This would entitle BUMA to file an application […] Thank-you for your interest in iQ Industry Queensland. We invite you to purchase a registratio…
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