king emporer is also a holder of CKA. He used to be on HC as fire emperor. In relation to this discussion report just released says:
'The half year to 31 December 2017 is regarded as the “wet season” in Kalimantan and since commencement of barging in August 2017, the Barito River height was abnormally higher than expected. However, from mid-December, there was very few days of rain and the river height was too low for barging.'
and
'Coal Offtake Finance Letter of Intent
During the half-year the Company was in negotiation with Renjian International Trading (Shanghai) Co Ltd (“Renjian”) in respect of a coal offtake arrangement. As reported on 16 January 2018, as a consequence of intensive negotiations with Renjian, the outcome from extensive financial modeling demonstrated that the proposed discounts requested by Renjian to secure pre- funding proved to be unacceptable to Cokal.'
CKA Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held
