We all know KEB have extended the loan to September.
Somehow I think KEB arent going to indefinitely extend the loan.
KEB only extended because SK extended the guarantee. To me this either is an act of corporate charity by SK OR they are interested in COKs assets. Given this they seem to be our most promising suitor and the whole Japanese JFE Shoji connection seems to have gotten cold.
So perhaps people are banking on SK coming through.
But my bet is on this being another technical rally from an oversold position, just like the reecnt rise to 10c and then fall back.
But if we see a sustained rise on good volume perhaps someone out there knows something, wouldnt be surprising given COK are said to be talking to numerous parites and we see rises before good news so many times on the ASX it cant be put down to coincidence.
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