COK cockatoo coal limited
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News: COK Cockatoo Coal says Baralaba mine is to be placed under care and maintenance

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    08/02/16
    17:06
    Post #: 16969266

    Feb 8 (Reuters) - Cockatoo Coal Ltd (COK) :

    • Says baralaba mine is to be placed under care and maintenance
    • Administrators have determined to take this action due to an unsustainable level of cash outflows
    • Administrators have received a number of indicative proposals to restructure the group
    • "Any proposal capable of resulting in a transaction will be the subject of a formal report to creditors"
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