Most knew there were delays due to heavy rains - likely the reason the price drifted to 15cents. and now "Materials supply has now resumed"
and this should speed up our development also: "To offset this delay Cokal has deployed additional equipment to widen the road up to the Mohing River"
And they have also completed the hardest section, and I hear the rest is pretty straight forward and in decent condition. "After the Mohing River bridge has been constructed only one major bridge will be required in the last 26km of road to the mine. The most difficult section of the road reconstruction has been achieved."
I thought the last paragraph was great:
"Fully loaded trucks (80t and above) delivering bridge building materials have passed over finished
sections of the road after rain and not left tyre indentations, even before surface gravel has been
applied. This is a good sign and Cokal is confident the road can be completed to become an all
weather road in future after gravel is applied as is appropriate for a mine operating 24 hours a day
throughout every month of the year."
If we don't mine December due to the heavy rain delays it sounds like it may only impact us by a couple of weeks especially with the additional equipment coming through.
GLTAH
- Forums
- ASX - By Stock
- CKA
- Ann: Road Construction Update for BBM Project
Ann: Road Construction Update for BBM Project, page-16
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CKA (ASX) to my watchlist
(20min delay)
|
|||||
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) ? |
Featured News
CKA (ASX) Chart |