COK cockatoo coal limited

anyone gone to the cok gm today?, page-8

  1. 6,463 Posts.
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    Only 6m left in cash...will only last another quarter...if the KEB loan is extended again then the only option ST will be a cap raising.

    Then they go and blow $7M for the quarter on exploration too, AGAIN!!! Exploration for what?! They didn't even do any significant drilling so how did they manage to spend $7M? I guess it must have been on the feasibility study, that's the only thing I can think of.

    My investment in this company is entirely down now to taking a punt on the board sorting out a deal. They don't have much time left.
 
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Currently unlisted public company.

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