I'm assuming they are waiting to release the news together along with the coal sale update.
Last week, "On completion of loading the two barges, the coal will be surveyed and analysed to confirm the quality and volume of the cargo. Prior to being towed down the Barito River, an additional 30% of the total sale value will be received. The remaining 20% will be paid once the customer has received the cargo at the mouth of the Barito River, which is expected to take around 7 days."
Ann: Coal Off-Take Finance LOI and Maiden Coal Sale, page-271
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| Last trade - 13.13pm 14/06/2024 (20 minute delay) ? |
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