Seeing that you are new, you may not know that Cokal owns 60% of BBM and to date has paid all the costs for exploration, permits and management.
It is not free carry for 40% so they for go any profits until their share of costs are paid off.
Peter Lynch told me that at AGM, and Martino conformed in a recent announcement. So good cash flow to Cokal for a couple of years.
Ann: Barging Commences and Initial Valuation Confirms Viability, page-212
-
- There are more pages in this discussion • 494 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
