COK cockatoo coal limited

reasons for halt, page-2

  1. 9,102 Posts.
    lightbulb Created with Sketch. 387
    It was mentioned in the qty report -

    Funding
    The Company has received $37.0 million of restricted cash which is being used for working capital
    and development purposes. The Company continues to manage its cashflow and is also in
    discussions with various parties regarding the provision of mezzanine finance, the sale of a stake in
    the Baralaba project, non-core asset divestments, and other innovative infrastructure funding
    arrangements. The Company is also engaging with its major shareholders, Noble, SKN and Harum
    Energy, as well as its principal bank, ANZ, regarding current funding and ongoing support for the
    Baralaba project and the timing and availability of cash to achieve the project timeline. The
    Company will update shareholders on the status of these discussions as they progress.

    hopefully good once all done , they have come this far and moving into stage 2 , maybe a sale or another JV ?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.