Ann: Cokal Completes US$7 Million Coal Presale Funding, page-5

  1. 9,634 Posts.
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    The announcement sets out expected sales in tonnes guidelines for a number of quarters:

    Q1 2025 15,000
    Q2 2025 75,000
    Q3 2025 75,000
    Q4 2025 75,000
    Q1 2026 135,000
    Q2 2026 150,000
    Q3 2026 175,000
    Q4 2026 300,000

    Interestingly repayment will be required at a set rate per tonne whether or not contract delivery rate is achieved - thus the onus is on CKA to ensure delivery. Ramp up has been agonizingly slow and for Q1 '25 shown rather lacklustre - hence market's equally lacklustre reaction.

    From Q1 2026 it should start to be a different story - provided they achieve rates quoted - Q4 26 should see a markedly improvement. A while yet. Could be wrong, as sp appreciation could ramp up quicker. AIMO
 
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Last
3.4¢
Change
0.001(3.03%)
Mkt cap ! $36.68M
Open High Low Value Volume
3.2¢ 3.4¢ 3.1¢ $11.26K 349.1K

Buyers (Bids)

No. Vol. Price($)
1 96987 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 44220 1
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Last trade - 16.10pm 07/08/2025 (20 minute delay) ?
CKA (ASX) Chart
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