Agreed. Even at a lousy $1 pt this is worth the punt. Hardly worth selling now anyway.
Plus large insider buying gives it away.
"Completion of Sale of Kingaroy Tenement EPC 882
Cockatoo Coal Limited (“Cockatoo”, ASX: COK) is pleased to announce the completion today of the sale and
transfer of Kingaroy tenement EPC 882 through Cockatoo’s wholly owned subsidiary, SE QLD Energy
Limited to Moreton Resources Group (ASX: MRV) for A$300,000 (including transaction costs).
The sale of this non-core asset aligns with Cockatoo’s strategy of focusing on the expansion of its flagship
metallurgical coal mine at Baralaba.
Cockatoo will continue to hold an extensive and strategic Surat Basin position through various wholly owned
coal projects containing over 780 million tonnes of JORC compliant Coal Resources.
MRV Price at posting:
0.4¢ Sentiment: None Disclosure: Held