Minority owners owe Cokal a small fortune and if I’m not mistaken they don’t get a cent of 40% revenue share until their debt is paid.??
Someone correct me if that’s wrong, before we use your numbers Coeus12345..
If you’re trying to work the numbers on this, I suspect you’re being led down the garden path.. Removal off the ASX would be the primary end point objective I would assume once the logistics are derisked and proven..
This is a stock I just trust that Eddie and related interests have invested X amount of dollars and the only way they can extract that investment is by its sale to a local producer.. After following it for 6 years, nothing has changed my thoughts on that.
Your money in it is as safe and secure as Eddie Chins.. Same team..
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