CKA
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1.15% 8.6¢ cokal limited

Ann: Quarterly Activities Report, page-163

  1. ShareJagger
    12,049 Posts.
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    03/05/19
    22:48
    Post #: 38405243
    I should say that I have been to TBAR and BBM and BBP before Cokal owned them. TBAR and BBM were part of PT Juloi concession and BBP was part of PT Maruwai concession /CCoW. Relinquished by BHP.
    BHP mapped these areas and sunk a few holes. The concessions that BHP sold to Adaro are superb coking coal and multiple thick seams with low strip ratios.
    Relinquishment of CCoW concessions is a mandatory schedule. Sometimes you have to toss out the silver and keep the gold.
    CKA Price at posting: 5.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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