CKA 0.00% 10.5¢ cokal limited

No they haven't acknowledged that. They are still in...

  1. 813 Posts.
    lightbulb Created with Sketch. 277
    No they haven't acknowledged that. They are still in process of developing logistics for what is a first time shipment from Batu Tuhup to customer. It was planned for end of feb and from forecast i thought river would be optimal but instead they got flood level rains and Muara Teweh barge traffic closed. Their current only option to unload (without Buntok) is direct to vessel and a ship isn't going to wait around for flood levels to fall (I am presuming this to be reason of course, I'm not presuming the rain volumes and the bridge closure). They also had $3m USD in debt facility at end of last Q where you have been trying to sing $80k to everyone who listens. Well done on your destabilising strategy today, you've had a little win and are clearly very buoyant that you've helped shake some shares loose - but you aren't actually telling people the truth about the company
    Last edited by playdough: 11/03/24
 
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