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Ann: Infrastructure Joint Venture Advances to the Next Stage, page-671

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SovereignRisk

173 Posts.

64

22/07/24

13:51

Post #: 74857566
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Originally posted by ShareJagger: ↑

Ceous The answer is simple. Last year it became obvious to me that there was no chance of achieving the targets set out in 2022 AGM. So I wanted to get involved and ran a campaign on transparency to join the board.
Then at 2023 AGM, all became transparent and previous failed targets transitioned to realistic targets.
During the last year, production/sales have tracked the trajectory presented at AGM.
As a result I am not concerned about performance of the company but I am concerned at the performance of the share price.
IMO The Petrindo Infrastructure Deal is an absolute game changer. It removes concerns about cash for infrastructure (contribution for road, expanding Batu Tuhup, barges, and glory be! an ISP at Buntok) plus future revenue for use of road and Batu Tuhup.
Mining is all contractors so can be expanded without capital and so will be future road haulage.

So I don't really share your concerns other than the ailing share price!

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so in your opinion the Petrindo infrastructure deal is basically a certainty to happen?

CKA Price at posting: 8.7¢ Sentiment: Hold Disclosure: Held
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Last 8.0¢		Change 0.000(0.00%)		Mkt cap ! $86.31M

Open	High	Low	Value	Volume
7.6¢	8.0¢	7.6¢	$19.72K	249.5K

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No.	Vol.	Price($)
1	9000	7.7¢

Sellers (Offers)

Price($)	Vol.	No.
8.0¢	238455	1

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No.	Vol.	Price($)
1	37630	0.076
1	100000	0.073
2	267000	0.071
2	147700	0.070
1	25000	0.069

Price($)	Vol.	No.
0.081	148859	2
0.082	100000	1
0.084	394999	2
0.085	102083	2
0.087	14207	1

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