If CKA fails to perform and only gets 10,000 tonnes per month = 120,000 tonnes per year.
If price US$ 230 less 6% = US$216.2
Less costs US$ 135
Then margin US$81,2 = AU$124
Cash margin = AU$15 million/year (all ours)
We are MC $107 million
So currently with 2 x lousy barges we are exceeding this. Do you really think 10,000/month is not achievable?
Mining fleet being tripled, road upgrade in progress, access to Petrindo Buntok ISP doubles capacity of lousy 2 x barges, more barges on offer from MBS. I'm optimistic that we will do much better.
All in my opinion DYOR
If CKA fails to perform and only gets 10,000 tonnes per month =...
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9.9¢ |
Change
0.001(1.02%) |
Mkt cap ! $105.7M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.8¢ | $2.178K | 21.99K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2555 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 17160 | 3 |
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| Last trade - 11.25am 20/05/2024 (20 minute delay) ? |
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10.0¢ |
Change
0.001 ( 2.04 %) |
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| Open | High | Low | Volume | ||
| 9.9¢ | 10.0¢ | 9.9¢ | 76731 | ||
| Last updated 11.25am 20/05/2024 ? | |||||
| CKA (ASX) Chart |