I believe you are wrong about that! Market/you people, are skeptical as to whether the announcements will actually come and the market really does not understand what has been announced to date and the significance for medium (18 months) and long term (5 to 10 years). For Cokal because of previous sins, false starts, broken promises, exaggerated production forecasts and failure to meet downgraded forecasts; THE MARKET is pessimistic and focused on next week and next month for the company. As announcements rollout such as: Petrindo footing the bill for road and additional port. The shallow draft barge arrangements The future of BBM West The opening of Pit 1 First use of Buntok ISP Intensive drilling of Pit 1 Underground prior to underground mining, CHPP Petrindo projects starting Road completion Start on second port AND don't forget TBAR Then the market should wake up! IMO DYOR
CKA Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held
