CKA 0.00% 8.0¢ cokal limited

Ann: Cokal Preparing for First Coal Sales, page-43

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  1. 1,127 Posts.
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    I think once first sales are achieved we will see bottoming out of SP. The rest will hinge on their ability to get the virtual conveyor belt from pit to port working efficiently.

    That means roads (including the odd bridge or two), jetty, cranes and barges all working in sequence to get product to ships. Unfortunately, this time last year we were sitting expecting coal shipments before wet season disruptions; now we are sitting in the middle of a rainy patch and missed the initial sales.

    Im hoping we get some actual sales before Christmas and that investors will have time over Christmas/ New Year to get interested just in time for a post New Year SP surge.
 
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