Replies to post #10953 on KinerjaPay Corp (fka KPAY)

[HNDRXX]

Could be more news into next week to confirm the commencement of the next loading. it appears they may have a contract for the next 12 months. so shipments should be pretty much guaranteed from this point

Subsequently, the Company is now progressing on the next shipment of 45,000 MT steam coal with Coal Grade NAR 3,800 kcal/kg (ARB) with specifications of Ash Content at 5% ADB Rate, Moisture max 38%, and Sulphur 0.3% ADB Rate. The mother vessel MV. YANGTZE QUANTUM – VOY 2101 has dropped anchor at Muara Berau East Kalimantan with estimated commended loading schedule on May 15th 2021.

Mr. Edwin Ng, CEO of KinerjaPay Corp said "Despite the recent inclement weather we delivered our first shipment of coal. The demand for Indonesian coal in China is rising rapidly. We have signed on several other orders. We continue to expect revenues well in excess of $100 million and profits of over $12 million over the next twelve months now that the shipments have started. The cash flow from the coal commodities trading business will be very significant this year. We believe that this is a long run sustainable business that identifies KinerjaPay Corp. as a leading investment vehicle on Indonesian economic growth.

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