Ann: Cokal Continues Increasing Coal Transport Infrastructure, page-10

Market is definitely forward looking, only have to take a look at some of the explorers on the asx especially those in hot sectors.

we had a great opportunity to capitalise on high coal prices but we just weren’t there at the time.

I think we all expected more from the road and bridges that we waited so long for. Unfortunately more capital required

The barges also become a momentum killer

In my opinion now that coal prices are lower and we’ve missed deadlines we are trading like a company that needs to prove it has a resource and business that is profitable.

time will tell