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3.75% 8.3¢ cokal limited

Ann: Update on Coal Off-Take Finance LOI, page-45

  1. Wolfoflordst
    106 Posts.
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    20/12/17
    12:58
    Post #: 29769752
    I don't believe fussing over which index to base the negotiations on is the matter. I believe Renjian wants some sort of discount for paying 3 months in advance for every shipment. Cash flow is a big part of any operation and in this case of Cokal who needs the capital to get things moving.

    I believe a few percent lower then the market price would be feasible and hope Cokal will accept that so we can have a happy xmas all.

    IMO
    Last edited by Wolfoflordst: 20/12/17
    CKA Price at posting: 7.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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