COK cockatoo coal limited

Ann: Half Yearly Report and Accounts-COK.AX, page-2

  1. 1,035 Posts.
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    So my take away from this is, we sit on our hands and bleed out at 12.5% on the loan and hope that the new mine plan consists of a timeframe that sees it identify when they will be able to turn the key and make a profit? Unfortunately for us losers it probably wont matter how much they make as the volume of shares issued 67,034,894,841 (numbers which looks more like a geo location) means we will need every year of the 20 year LOM to ever see a return Im guessing. Pretty confident coal will one day get back to being an investment but Im thinking my kids or their kids will only ever be the ones to get a wack out of this. Suppose the other option is buy gold miners and offest the loss against the profit to be made there??? GLTAH
 
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