CKA 1.32% 7.5¢ cokal limited

platinum still buying, page-17

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    This is an interesting discussion. The river is not a show stopper. MGM has been dealing with it since 2004. I had the job of investigating MGM for a major Aussie miner in 2005. They are still at it now and profitable. They have 2 x ports on the river and unload half way down and then reload onto larger barges.
    AKT is also profitable and I think they have a mid river port also.
    BHP is still pondering their navel after building the first port but as far as I know they have not proceeded with the planned mid river port.
    BHP is getting serious yet again but it is like watching grass grow. The preferred option for BHP if they develop the full potential of their 7 x CCoWs is to build a super haul road to Mahakam river which is reliable.
    So Barito River cannot be a show stopper as others have already proven it to be manageable.
 
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