COK cockatoo coal limited

Ann: Update re Bank Guarantee Facility, page-5

  1. 14 Posts.
    Based on current spot prices ( of which I admit data outside a paywall is pretty thin on the ground right now ) and exchange rates - I would have guessed Baralaba is losing +/- A$20/mt currently.

    Negative A$32 mill from operations is worrisome.

    And of the three major shareholders, I doubt a corporate guarantee from Noble is going to travel far, given the questions over their own creditworthiness.

    So essentially it is up to Liberty and Harum to decide whether to ante up to stay in the game, or fold their cards and call it a bust.
 
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