Shareholders to kick in start-up capital, Agri and BMA will then stitch up the company with a lopsided debt funding deal (CKA should be used this this by now). If they sell the coal domestically, it will be to 'friends' and/or related parties for sub-optimal price. The only light at the end of the tunnelis if the company is able to maximise export sales where the buyer(s) are not related. What chance of this?
CKA Price at posting:
6.8¢ Sentiment: None Disclosure: Not Held
