CKA 6.02% 7.8¢ cokal limited

Ann: Quarterly Activities Report, page-382

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  1. 855 Posts.
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    This cash pile you speak of has to come from sales which we haven't quite managed yet, admittedly we seem to be getting close finally...

    21st Jan - "Schedule to deliver.. .. mid - 2019"
    3rd April - "Technical agreement is close to being finalised"

    But is it close enough? I've worked in and around the coal industry, not as much as you but my take is that mid-2019 is not happening and we won't be seeing barges or coal sales any time soon unfortunately. Gimme 10-15c clear in my account and get me outta here.
 
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