Australia's Cokal eyes best day in 2 years on jetty operations permit
28/09/2023 05:26
** Shares of Cokal Ltd CKA.AX up 19.1% at A$0.125, set for
best day since Oct 2021, if gains hold
** Coal co receives jetty operations permit for operations
associated with the Bumi Barito Mineral (BBM) metallurgical coal
mine in Indonesia
** Says, moving forward for scheduling maiden shipment of
BBM coal at earliest possible time
** About 2.2 mln shares change hands, compared with the
30-day average volume of 754,854
** CKA stock at its highest level since Aug 29
** Day's gains bring stock's YTD losses to ~42%
(Reporting by Ayushman Ojha in Bengaluru)
((Ayushman.ojha@thomsonreuters.com;))
Recent news on Cokal
See all newsBrief: Cokal Ltd Posts FY Net Loss Attributable Of $11.3 Million
Brief: Cokal Says RKAB Approval Received And Coal Shipment Scheduled
Brief: Cokal Says Q1 Production Expected To Be Below Initial Plan For Indonesian Metallurgical Coal Operations
Brief: Cokal Says It Secured $15.0M Of Strategic Debt Funding
Australia's Cokal slumps to 4-1/2-year low after HY loss widens