I had a chat with COK the other day. Nothing new to say from what we already know. Points worth remembering, coal price has improved dramatically from lows. Debt has been pushed out before, no reason why this cant happen again. Mngt are working on options re debt. Looking at best options. Buyers want security of supply and are willing to pay for that, price may be a secondary consideration. Type of coal COK has is very desireable. Yes share price sucks and has taken a beating but so have all coal stocks Point in last interm report re COK being an ongoing concern. Yep, included as part of a competent persons statement.
COK Price at posting:
6.7¢ Sentiment: Hold Disclosure: Held
