SJ -- most important thing on the list --- What's the plan for a capital raise? What discount will the capital raise happen, now that stock is at 7c --- 6c? 5c? Will they raise $10mn or $20 mn or $30 mn? Will that mean another 30-40-50% dilution for existing share holders?
What is the minimum capital needed for the company to get to operation that is fully fundable from internal accruals --- that means -- capital needed to build and commission the conveyor, rectify and normalize the road, acquire at least two 4000 tonne barges to self transport coal from Batu Tuhup to an ISP, upfront fees to use the ISP and an extra atleast 2-3 months of operational working capital cash to continue mining and coal transport to ISP operations even during absence of coal sales / coal pick up.
These are the most critical questions you need answers to -- these are the most critical questions that CKA management has never provided any guidance or estimate for.
This is what is needed to NOT SINK THE BOAT
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