CKA 6.49% 7.2¢ cokal limited

Ann: First Revenue from Coal Sales Approaching, page-236

  1. 1,492 Posts.
    lightbulb Created with Sketch. 311
    Do the maths on the quarterlies.

    ASX has already asked if they have enough money going forward.

    No company will run out of money before raising funds.

    They either sell coal or raise money.

    They told the ASX they would sell coal to survive going forward. The ASX would BF the file on Cokal and again ask questions, if they continue to say they are going to sell coal instead of actually selling coal I believe the company will be suspended. (My opinion)

    If you are happy with what we are told you must have blind faith in management.

    Personally hope you are right.

    All the best. If you are right I will finish my life very happy.


 
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