CKA 2.11% 9.7¢ cokal limited

Ann: Operation Update, page-16

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    Will river levels still be high when those barges are dispatched or will low levels be the next reason for delivery delays?? Stay tuned.

    No barges, no coal deliveries.
    No coal deliveries, no revenue.
    No revenue, no ability to pay for company staff wages/salaries or creditors.
    No wages, staff stay home or look for jobs elsewhere and should barges be available they'll go back empty as no one to load them.
    Empty barges can handle lower river levels. At some stage, Cokal won't. what.png smile.png
 
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