Ann: Quarterly Activities Report, page-327

A blast from 2014, Cattery to vontrader, Share price was 15 cents. Makes me smile. Coking price about USD 108
''''Vontrader, you may very well be right but I can't help but feel that the fundamentals of the stock are playing a big role in depressing demand for the stock. Based on CKA's operating cost estimates plus the cost of the finance offered by Platinum there is no way it could make any money as it currently stands. It has now been 16 months since it applied for the IUP Operation/Production, Presidential elections due 9 July,financing deal has a completion date of mid-July plus there are tax uncertainties - proposal to increase royalty rate from the current tiered 3%-7% model to a flat 13.5% and a possible windfall profits tax to capture gains made when/if the price of coal increases.'''''