CKA 3.49% 8.3¢ cokal limited

Ann: Cokal to Develop Underground Coal Production at the BBM Mine, page-168

  1. 1,220 Posts.
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    Perfect! Now given that Petrindo and CKA are about to sign a JV developing a barging business for the area. How do you suppose PT BBM is going to barge its coal down the river? Most likely using the barging service that CKA and Petrindo are setting up. Unless BBM finds a cheaper option, LOL.

    SO, CKA will charge BBM for coal barging, making money from both the barging and coal sales from BBM (revenue split 40/60%).

    Sheesh, its like leading a horse to water.
 
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