CKA

6.02%

7.8¢ cokal limited

Ann: Update Company and BBM Project, page-25

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ShareJagger

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03/04/19

11:31

Post #: 37974905
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Originally posted by Startingagain: ↑

Pointless up date. If your going to give an update tell me something I don't already know or wouldn't reasonably expect to be happening already

- We know Aahana had two people going on the board or sitting on the board already. What we don't know is who they are, if this is worthy of being point one in the announcement then there names should have been disclosed. In fact if there sitting on the Board I think we have the right to know

- Plan to recommence mining, thanks for letting us know you've all been busy talking about it. How about less talk and more action.

- barges, agreed on the specification but still finalising the technical agreeement on the specification. Have a preferred supplier for the barges and MDM continue to cooperate and show there desire to work with us, but Aahana might want to introduce new barge companies. Sounds like to many lunches and coffee dates to me...

It's great the company now has Aahana's support but I'm starting to get the feeling we can't make a call on anything without them wanting to look into things after Cokal has already spent months working on solutions.

Timelines are going to slip if this is the case

Expand

Just a clarification:
These are not the Cokal Board members that you were/are aware of.
PT means the 'biggest of companies' CV is a small company like Aussie small business.
PT BBM is a company in its own right and owns 100% of the BBM mining lease.
Cokal owns 60% of PT BBM.
PT TBAR owns 100% of TBAR Cokal owns 75% of PT TBAR.

Both PT BBM and PT TBAR have Boards. It is these 2 Boards to which these Directors have been appointed.

I would like to see the composition of these boards of these 2 companies.

CKA Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
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Ann: Update Company and BBM Project, page-25

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Ann: Update Company and BBM Project, page-25

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