Ann: Cokal to Develop Underground Coal Production at the BBM Mine, page-307

I believe you are wrong about that!
Market/you people, are skeptical as to whether the announcements will actually come and the market really does not understand what has been announced to date and the significance for medium (18 months) and long term (5 to 10 years).
For Cokal because of previous sins, false starts, broken promises, exaggerated production forecasts and failure to meet downgraded forecasts; THE MARKET is pessimistic and focused on next week and next month for the company.
As announcements rollout such as:
Petrindo footing the bill for road and additional port.
The shallow draft barge arrangements
The future of BBM West
The opening of Pit 1
First use of Buntok ISP
Intensive drilling of Pit 1 Underground prior to underground mining,
CHPP
Petrindo projects starting
Road completion
Start on second port
AND don't forget TBAR
Then the market should wake up!
IMO DYOR