Cokal?s co-founder passes away

By Romel S. gurky

Petromindo|Khalsa

ASX-listed Cokal Limited announced Friday that co-founder and non-executive Chairman Peter Lynch passed away as a result of a tragic plane accident in Perth on Thursday.

?The Cokal team and its board are deeply saddened by the sudden unexpected passing of their Chairman and friend. Mr Lynch was incredibly proud of Cokal and had worked tirelessly for its success. Peter was a driving force behind the formation of Cokal and the development of its Indonesian projects and his commitment, determination and leadership were a true inspiration to all in the company. He will be missed enormously by all in the Cokal team,? Cokal said in a statement.

Cokal through subsidiary PT Bumi Barito Minerals is developing a coking coal project in Central Kalimantan.

Editing by Reiner Simanjuntak