COK cockatoo coal limited

@dengp Its an interesting point you make.Our market cap right...

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    @dengp

    Its an interesting point you make.

    Our market cap right now stands at a piddly $50m.

    We are talking about JFE Shoji buying up to 50% of the project for a $100m.

    Maths doesnt add up much. They would be better off coming into a share transaction much like the SK deal that blew up at a premium to the share price and getting exposure to the project that way.

    Getting Posco out with a blocking vote of 13% might be a precusor to such a move.


    Still nervous.
 
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