CKA 11.1% 8.0¢ cokal limited

Coking Coal will BOOM post Covid with upcoming global infrastructure spend, page-4

  1. 2,206 Posts.
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    SJ,
    To get an idea of what an operational mine at BBM might look like go and review the start up performance of Fenix (FEX) DSO IO Iron Ridge project. The product prices are similar, the high proportion of C1 cost as logistics to market similar, similar volume etc etc. They have now reached steady state and are generating $A11M pre-tax and $A7.5M post tax cash flow every 2 weeks. CKA could replicate this performance if they can get going soon. Come on Dom and Eddie let's get this party going
 
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