CKA 2.13% 9.6¢ cokal limited

Ann: Cokal Signs Agreement with Petrosea to Ramp-up Production, page-14

  1. 332 Posts.
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    Looks positive to me but also begs a number of questions so will be very interested to hear from those who are able to attend the meeting this afternoon. For example:
    - Why is CKA struggling to scale up and hire/ manage effectively its contractors?. Is it capital or expertise holding them back?.
    - Are these larger groups not confident that they can takeover CKA?. Seems at our low market cap this would have been easier.
    - Is it the case that the next best strategy to a takeover from their perspective is to work with CKA to make sure the infrastructure gets developed for all parties benefit?
    - is the point of the extended payment terms mostly to get us through the dry season?
    Last edited by regmann: Yesterday, 11:58
 
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