TBAR is the $1 blue sky for CKA.
BBM 40% are very rich and could pay out the AUD$96 million owed. They own an operating coal mine not too far away.
2 of the 3 owners have that successful mine 50/50
Als the owners of 25% of TBAR if my memory is correct.
Bayan Resources for 40% BBM, 25% TBAR and 25% BBP; Interesting!
Paying back of $96 million is basically first million tonnes sales.
All in my opinion DYOR
Ann: Cokal Achieves First Revenue from Sale of Coal, page-65
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
