CKA 4.00% 9.6¢ cokal limited

Ann: Cokal Receives Payment from Loading 7,500 tonnes of Coal, page-47

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    Correct at this stage we don't know the departure date although the first barge would be loaded now in my opinion. 6.5 days to Taboneo plus a day to load onto ship. So the contract with SGE if I remember correctly is 40% on loading ship and then final 10% upon issue of Quality and Quantity certificates. Therefore this will occur after 1 April 2024.
    Second barge should be loaded before 31 March but god knows if the 50% payment happens over long weekend? Asia/Indonesia has holiday for Good Friday but not Easter Monday.
 
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