COK cockatoo coal limited

Hi Au76,Going by the numbers presented by the company, the...

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    Hi Au76,

    Going by the numbers presented by the company, the company is running a a massive loss. ($48 million loss in just 9 months)

    The mine might be profitable but the company isnt and without the company there is no mine.

    Surely no one would want to fund an expansion on a mine owned by a company with so much debt and so little cash.

    Cap raising might be the only way out.

    By the way i just came across this stock and had a quick look and wanted to know if i was reading this right which looks like i am.
 
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