COK cockatoo coal limited
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In DEEP trouble

  1. cchahine
    22 Posts.
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    21/01/15
    13:50
    Post #: 14616820
    Coal producer Cockatoo Coal Limited (ASX: COK) could be in trouble after a proposed financing deal to help fund the expansion of its Bowen Basin project is reportedly in doubt.That has more ramifications, with the Wiggins Island coal export terminal (WICET), owned by some of Australia’s biggest coal producers already on unsteady ground. Bandanna Energy, one of the 8 miners involved in WICET collapsed in September last year.
    Shares in Cockatoo Coal have been suspended for two months, pending its “funding and financial position”. Oh Oh.
    COK Price at posting: 1.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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