hi all
we are in an unprecedented hcc [hard coking coal ] pricing and opportunity this fy
we all know that commodity prices drive valuations and repricing/re-rates of miners in all commodity classes
hcc is at a cyclical high
if we look at what cokal can achieve in the next 6 months on a strong re-rate on the back of an all time high hcc prices
look at whitehaven coal as a comparison
it was trading at 90c around 12 months ago
its now $3.05 this morning
350% up on its low of 90c
this is how hard and fast coal producers can re-rate on a commodity price upturn
cokal execs and board .. this is a once in lifetime opportunity to seize this commodity cycle and build this company as a standout company in the sector .
you spend a further quick $10m more now over the initial $20m from Karan to expedite and it will repay the shareholders 400% to 500% times over
now is the time, to up capital expenditure and expedite construction and mining
time waits for no one
seize the moment cokal
strong hcc prices of around 250usd averaged out next 24 months ....times increased proven reserves in tbar and bmm hcc gives the true company valuation ,...
in my view this is a conservative $1 stock on the back of a escalating production pipeline
Imagine once tbar /bmm resource is announced to market as ......
boom
keeping the faith
the opportunity is unique and undeniable
dyor imho
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commodity prices drive values-cka in sweet spot with hcc
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Last
7.8¢ |
Change
0.001(1.30%) |
Mkt cap ! $84.15M |
Open | High | Low | Value | Volume |
7.8¢ | 7.8¢ | 7.4¢ | $5.591K | 74.24K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 43179 | 7.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.8¢ | 43797 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 267000 | 0.071 |
2 | 147700 | 0.070 |
1 | 73529 | 0.068 |
1 | 15000 | 0.066 |
2 | 115384 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 101805 | 1 |
0.080 | 200000 | 1 |
0.081 | 312804 | 2 |
0.082 | 200000 | 2 |
0.084 | 394999 | 2 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
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