COK cockatoo coal limited

cok to rocket : abbott point scrapped, page-24

  1. 462 Posts.
    I do use very conservative margin of $50-60, but even under this conservative margin, free cashflow from the project is about $150-170mil. When margin is at around $80, cashflow will be $220mil.

    The loan due end of year can be renewed or refinanced by another short term loan or raise equity on the market, lots of options.

    PS, Balaraba is having positive cashflow now. the expansion project will be producing in 2014 or 2015, that's another 2-3 years, not 7 years...
 
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