with our assessment, it is no surprise that you are not a shareholder. Yes it has been a journey of risk but IMO we are now on cusp of sales, There will be issues to be dealt with but risk level hugely reduced IMO. I guess Matt Latimore, M Resources, Regal Fund management, and Washington Soul Patterson (former owner of Adaro) have formed a similar view of the risk profile. I'm sure that Matt Latimore/M Resources (his company) did comprehensive due diligence before tossing $5million of his own money into Cokal. Washington Soul Patterson are known to be one of smartest investors on ASX in my opinion. Regal are invested in numerous coal projects. I feel a lot more secure with these organizations actively involved. M Resources are said to be providing advice and providing technical marketing and direction to ICT at no cost to shareholders. ICT is paying for their input.
CKA Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
