CKA 10.0% 11.0¢ cokal limited

2 million declared sells to 13 cents. 3 days average turnover....

  1. 11,529 Posts.
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    2 million declared sells to 13 cents. 3 days average turnover. Not going there today in my opinion. I'd really like to hear progress on Infrastructure agreement with Petrindo. IMO no doubt that it will go ahead as it is vital to Petrindo to get their coal to river and a huge plus for Cokal to get their coal down the river without building an ISP at Buntok.
    BSN (our subsidiary) will get some revenue via road and port charges and road maintenance will be improved.
    Cokal will pay to pass coal through Petrindo's ISP at Buntok but we had to do that anyway.
    WIN/WIN
 
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