COK cockatoo coal limited

cok to rocket : abbott point scrapped, page-21

  1. 6,478 Posts.
    lightbulb Created with Sketch. 2654
    No but they need immediate working capital with only $7M on hand and cash burn of $70-80M a year (according to the broker report posted above).

    Then they need to repay the debt facility by the end of the year which is $70M or something right?

    THEN they need to find $300-400M for Baralaba.

    All this vs a current MC of $230M. I just hope this doesn't end up another MMX.
 
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