Hello All,
Could we please reserve this thread to CKA forward fundamentals & likely future share price.
Other threads have ample room for those with rear view mirrors.
Let's begin with the NPV of 51c/share . (Mkt Cap of $347 mil)
How can the share price get there and how long will it take?
We have:
-266 m/t of high quality PCI
-cash running low
-debt converted to production royalties
-strip ratio of about 5:1
-COP high now due to low production levels but expected to stabilise later at about $70 USD/ton.
-PCI worth about $130 USD FOB
-initial production 8K t/mo
-production later 50K t/mo
-other tenements at early stages of exploration/development
IMO: We should see a 40c share price by 2021
In the interim (IMO) we should see the share price moving upwards with production milestones and corresponding sales , so my shot at it is:
July 2018.............10c
Jan 2019..............15c
July 2019.............20c
Jan 2020..............25c
July 2020.............30c
Jan 2021...............35c
July 2021..............40c
Re 51c/share............your guess is as good as mine!
All of this is IMO only and the thread is meant encourage conversations on CKA looking forward rather than looking backwards.
Cheers
MM
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Last
9.6¢ |
Change
-0.004(4.00%) |
Mkt cap ! $103.5M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 9.6¢ | $33.43K | 343.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 9083 | 9.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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9.9¢ | 22000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 9083 | 0.096 |
3 | 110000 | 0.095 |
1 | 30000 | 0.094 |
1 | 311827 | 0.093 |
1 | 7000 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.099 | 22000 | 1 |
0.100 | 221084 | 3 |
0.105 | 257538 | 4 |
0.110 | 1196213 | 8 |
0.115 | 309204 | 6 |
Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
9.7¢ |
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Change
-0.004 ( 2.32 %) |
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Open | High | Low | Volume | ||
10.0¢ | 10.0¢ | 9.6¢ | 278273 | ||
Last updated 15.48pm 21/05/2024 ? |
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