Has coal sales for the month of March been achieved as indicated by management earlier or is that yet to occur - it's a little unclear - are funds for March sales in CKA accounts? If yet to, is that dependent on the said barge arrivals/loadings and departures?
In any event, once a couple of regular barge arrivals/departures occur then perhaps markets will gain a bit more confidence in regular income and sp should respond more positively. Worth remembering that about 2 years ago CKA was trading around 15 cents and yet 2 years on with all development since it is struggling at current levels. Agree that news of regular sales with customers is good news.
CKA Price at posting:
9.6¢ Sentiment: Hold Disclosure: Held
