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2.67%

7.3¢ cokal limited

need mobilisation and coal on barges or its still just fantasty...

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bobbydazzler85

1,313 Posts.

263

21/10/21

09:38

Post #: 56958284
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Originally posted by Bitola: ↑

yes well analysed and said JS
you are spot on in your comments

all is good

movements of +_1-5% in hard coking coal futures is to be expected when it overshoots averages

the reality is that we are in a secular long term phase of higher coal prices into the northern winter

moderation of coal prices will likely occur from March next year but anything above Aud $275pt is gold as we head into production
every 1mtpa of coal sale equates to $Aud 275m
2mtpa is $aud 550m pa
then add tbar

we know our cost of extraction per ton is low and can withstand lower hcc prices

its really all about getting the mines into production phases safely and working efficiently
the prices will sort themselves out
the low phosphorous high quality hcc is a bonus for cokal

onwards and upwards

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need mobilisation and coal on barges or its still just fantasty calculations. Show first cashflow then we are off

CKA Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

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(20min delay)
Last 7.3¢		Change -0.002(2.67%)		Mkt cap ! $78.76M

Open	High	Low	Value	Volume
7.4¢	7.4¢	7.2¢	$54.61K	741.5K

Buyers (Bids)

No.	Vol.	Price($)
1	120000	7.2¢

Sellers (Offers)

Price($)	Vol.	No.
7.4¢	72973	1

View Market Depth

No.	Vol.	Price($)
1	120000	0.072
1	250000	0.071
1	50000	0.070
1	25000	0.069
1	150000	0.068

Price($)	Vol.	No.
0.074	72973	1
0.075	50000	1
0.076	700000	1
0.085	2083	1
0.087	14207	1

Last trade - 16.10pm 10/09/2024 (20 minute delay)

CKA (ASX) Chart