COK cockatoo coal limited

cok to rocket : abbott point scrapped, page-22

  1. 462 Posts.
    they have $80mil KEB facility available to fund the BFS. Depending the viability of Balaraba expansion, if the Balaraba is going to have $50-$60/t margin on the PCI, that's $150-170mil free cashflow from the project, I don't think they have problem to fund at least $150-$200mil from debt.
    MMX is totally different story, MMX suffered huge project delay and has billions of Capex to fund the infrastructure...
 
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