Day Trading 23 Mar Pre Market, page-15

  1. 23,919 Posts.
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    CKA

    Closed on its highs yesterday at 2.9c

    Debt deal will see them debt free with clean balance, at the moment they owe Platinum $13M which they are converting to a $40M production royalty - at that time, their 20% of the register also gets escrowed for 2 years !

    266mt resource, hard coking coal with current prices US$165/t ... their first year costs are just $58/t and LOM costs $82/t

    Will go parabolic once they clear the balance sheet and remove VA threat

    They already have financiers and bidders in talks they confirmed at AGM
    Last edited by vontrader: 23/03/17
 
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