Hey guys, I hold CKA and AKM.
Have been burned a couple times by CKA and their seemingly poor adherence to timelines ... and so have been considering moving what I have left in CKA into AKM.
I don’t mean to cross promote, just genuinely interested in your opinions as I know most of you here will have a deeper understanding/appreciation of coal projects than I may.
What are your thoughts on the two side by side?
AKM is a 1-2mtpa near term coal producer in Mongolia, with a further hope to ramp up to 10mtpa from another mine in 2019. Trainlines are planning to be built between Mongolia/Russia/China and plenty of infrastructure exists already.
I’ve forgotten what capacity BBM and anak were hoping to produce at , but they will also be needing to ship all the coal on barges and boats to sell into Asia.
Cheers
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