Ann: Cokal Starts Shipping Coal, page-60

in very basic terms you own shares in a company that has coal in the ground 650klm up a river through a jungle.
bhp sold the leases to cokal 15+ years ago.
there’s been false starts, missed time lines and heaps of other dramas along the way. Whilst we have finally seen coal on a barge there has been no rise in the SP. Why? Because we are still 650klm up a river in the jungle, yes we have coal…. What we don’t have are numbers. How many tonnes being mined per week? How many tonnes being barged per week? How long does it take from the shovel to the $$$? True operating costs? How long will it take to increase production? How much will this cost? Will the barges float? Have I mentioned that we are 650klm up a river in the jungle?

I’m a newbie here also (6yrs) have bought parcels from 10c down to 3c and along the way to 20c.

where will the SP or story end up? Nfi, one thing I am confident about is that your purchase in December will increase much sooner and sharper than mine have over the last 6 years