COK 0.00% 0.0¢ cockatoo coal limited

Feb 8 (Reuters) - Cockatoo Coal Ltd (COK) : Says baralaba mine...

  1. 68,069 Posts.
    lightbulb Created with Sketch. 460

    Feb 8 (Reuters) - Cockatoo Coal Ltd (COK) :

    • Says baralaba mine is to be placed under care and maintenance
    • Administrators have determined to take this action due to an unsustainable level of cash outflows
    • Administrators have received a number of indicative proposals to restructure the group
    • "Any proposal capable of resulting in a transaction will be the subject of a formal report to creditors"
 
watchlist Created with Sketch. Add COK (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.