I think the point you, and many of here seem to be missing as you get hung up on the timeline for the barges arriving to pick up the coal that's been sold.. is the fact it's been sold, we already have 80pc of the funds in our account.
We have no control over the customer supplied barges, it's their problem. We have been told by the customer they will pick it up in a week, when they don't, I'm not really sure cokal cares that much, because we have already been paid for it, and as todays announcement proves, they are busy behind the scenes ensuring transport for our coal to an area where we can make consistent and ongoing sales each month, which is far more important
ok, we are missing out on final 20pc payment, but if it takes them 6 months to pick it up, who cares?
As long as we keep selling and have regular customers.
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