CKA 0.00% 8.1¢ cokal limited

Ann: Trading Halt, page-45

  1. 12,112 Posts.
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    Buffalo, I share your concerns about Underground mining, However Peter tested roof and floor for that purpose. He told me that it was a good roof and I know from BHP testing that these seams don't have high methane levels. Also I personally had the majority of the Maruwai Basin tested for propensity for Spontaneous Combustion and it is amongst the lowest in the World. It can sit for years without burning.
    All in my opinion.
    It is my understanding that Cokal will not be doing the mining and will not be bearing the risk. Lets see on Monday.
 
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