CKA 1.56% 6.3¢ cokal limited

Ann: Supplementary Prospectus - Amended Closing Date, page-69

  1. 2,564 Posts.
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    1. Still needs 3 months of build
    2 $3mil
    3 15k Tonne
    4 no need to stockpile - exposed pits are near the river port. 7 barges in operation each trip equals 2.2kT. Enough coal available to continuously reloading the barges
    5 Stockpiling at ISP costs money and degrades value of Coal (Sells at cheap thermal coal) When buyers line up they have no problem supplying the coal. 2nd spot sale in the works
    6 Japanese are willing to take coal not willing to take risk. It would be other party (Vietnamese/Chinese/Indian are negotiating right now)
    7 Investment through PCI. Otherwise Spot sales to kick the can down the road
    8 Not needed until shipping coal to international buyer.

    Against my better judgement I've responded to you. Now go to town picking apart the responses.
 
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6.3¢ 6.5¢ 6.3¢ $8.138K 128.4K

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1 3304 6.2¢
 

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6.6¢ 18500 1
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