16 days till the end of June
CKA have publicly stated that the following news should be announced before the end of the month:-
- Reserve statement (expected to be 20Mt+ HCC)
- Valmin code
- NPV (previous one of US$366M = 83c)
- Shareholder meeting date to approve debt deal
- Beacon's first $5M payment toward the JV
- Research report and roadshow
If they announce all of the above, then I can't see how this can sit below at least 10% of NPV which would be 8.3c. I think 10c is a reasonable S/T target
16 days till the end of June CKA have publicly stated that the...
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