CKA 2.60% 7.5¢ cokal limited

Ann: Notice of Extraordinary General Meeting/Proxy Form, page-17

  1. 707 Posts.
    lightbulb Created with Sketch. 192
    Yeah had time to read more of the report.

    Seems slightly better than the original agreement as like you said it gives more certainty of cash. Keeps the payment point as the intermediate stockpile also.

    6% I have to imagine is an industry accepted marketing agent fee.

    " BBM agree to allocate a minimum amount of 8,000,000 metric tonne (“MT”) of its coking and PCI coal during the 8 years period to ICT. It is estimated that the first delivery of coal for ICT to market is around the second quarter of 2022."
 
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