Simple.
People, me included are impatient and want everything yesterday.
Well the point really is that by the time it is known what is happening, you’ll want to be already in.
How can that be justified?
Easily. Aahana have nearly 20% of company.
Aahana have expertise in mining and the resources to support Cokal extract its metallurgical Coal.
Aahana have the network and contacts to assist in an eventual takeover by a bigger company that may want to expand their coal resources.
Cokal is proven to hold great quality product in their tenements permitted and awaiting permit.
Whats happening now?
Arrangements to build a mining team, arrangements to agree on finance to support a scale up to commercial BBM production.
What is unproven yet?
-Finance
- Successful production
- getting product to customer
- another company Acquiring Cokal.
Why has it failed in the past?
- low coal prices
- $$ to get going
- expertise to pull it off
Why it won’t fail this time around?
- because the expertise, resources are now there and they have skin in the game.
- because there is good demand for Cokal’s coal. And repeat the above sentence (expertise, resources are now there and they have skin in the game).
Why does this not register with the market yet?
It’s unproven until it’s proven. And it’s still an ASX coal exploration stock. It won’t register until tangible results are achieved.
All in my opinion of course
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