This is Coeus (same name on Twitter). Posting here first time. Obviously everyone is super frustrated with the management, including me. This new release while a seemingly positive update, brings with it its own set of unnswered questions
1) WHat is a normal water level for barges to load.
2) Is it 330 days of loadings per year, or it will be 200-250 days on an ongoing basis?
3) How many barges have been secured?
4) Are the barges secured by CKA or the customer? Looks like from the release, its the customer not CKA "Barges from domestic customer"
A few other primary research items for the group here IMO. On the attached map you can see
1) Blue Circle with white dot -- thats CKA's coal loading terminal at Batu Tuhup
2) Yellow Circle with Star --- that is Adaro Minera's coal loading terminal further downstream on the river
3) Bottom right -- you can see Muara Teweh
SO MY QUESTION IS --- IF BARGES CANNOT MOVE UP MUARA TEWEH RIGHT NOW --- IS ADARO's COAL LOADING ALSO SUSPENDED ??
If Yes --- whats the update from Adaro?
If No -- what is CKA not telling us even now?
I am not an Indo expert / dont know any group discussion channels online that talk about Adaro or Kalimantan coal miners in general. If anyone does -- please help educate the rest --- so we can triangulate what CKA is saying today vs what is actually happening on the ground.
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