CKA 2.67% 7.3¢ cokal limited

re - rate due, page-7

  1. 12,216 Posts.
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    So let's do wild guess for FY2023 .
    Coking coal price $US 380: BBM coal sale price $US 350.
    Production cost including repayment of loans. $US 110.
    1 Million tonnes.
    Revenue : $US 350 Million
    Margin: $US 240 million ICT skims off $US 14 million
    BBM Margin: $US 224
    Cokal Margin: $US 135 million.
    Cokal Margin: $AUD 180 million
    40% BBM owners will owe us $US 35 million === $AUD 47million to be aid before they get profit.
    Income for Cokal $AUD 227 million. Much of this tax deductible
    EBTA (interest in production cost) 24cents per share.
    Do your own research!
 
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