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1.12% 8.8¢ cokal limited

Ann: Update Company and BBM Project, page-461

  1. twmochi
    880 Posts.
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    19/04/19
    22:07
    Post #: 38214066
    Indonesia banned the exports of unrefined ores and concentrates a few years back, they are considered a high political risk country for mining funding. Cokal funders wanted certainty that BBM wouldn’t be repatriated before progressing. I think we are a few weeks out from a funding deal now Joko Widodo has secured the presidency.
    CKA Price at posting: 5.9¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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