Hello All,
Could we please reserve this thread to CKA forward fundamentals & likely future share price.
Other threads have ample room for those with rear view mirrors.
Let's begin with the NPV of 51c/share . (Mkt Cap of $347 mil)
How can the share price get there and how long will it take?
We have:
-266 m/t of high quality PCI
-cash running low
-debt converted to production royalties
-strip ratio of about 5:1
-COP high now due to low production levels but expected to stabilise later at about $70 USD/ton.
-PCI worth about $130 USD FOB
-initial production 8K t/mo
-production later 50K t/mo
-other tenements at early stages of exploration/development
IMO: We should see a 40c share price by 2021
In the interim (IMO) we should see the share price moving upwards with production milestones and corresponding sales , so my shot at it is:
July 2018.............10c
Jan 2019..............15c
July 2019.............20c
Jan 2020..............25c
July 2020.............30c
Jan 2021...............35c
July 2021..............40c
Re 51c/share............your guess is as good as mine!
All of this is IMO only and the thread is meant encourage conversations on CKA looking forward rather than looking backwards.
Cheers
MM
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8.4¢ |
Change
-0.002(2.33%) |
Mkt cap ! $92.78M |
Open | High | Low | Value | Volume |
8.4¢ | 8.4¢ | 8.4¢ | $4.465K | 53.15K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 8.2¢ |
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Price($) | Vol. | No. |
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View Market Depth
No. | Vol. | Price($) |
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1 | 10000 | 0.082 |
1 | 50000 | 0.081 |
5 | 116785 | 0.080 |
2 | 277459 | 0.078 |
Price($) | Vol. | No. |
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0.086 | 44117 | 1 |
0.087 | 30000 | 1 |
0.090 | 100000 | 1 |
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