CKA 2.38% 8.6¢ cokal limited

Ann: AGM Presentation, page-16

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    How I remember it: shareholder attending asked about plans for dividends. Basically the answer was no formal dividend policy as yet but yes once BBM and TBAR are in production as it is a low capital intensity business dividends will be paid.

    My opinion: TBAR won't be until H1 2023 going off what they said about drilling (Q1/Q2 2022), JORC resource (Q3), govt approval process from exploration to development (I think answer was ~60-100 days?).
 
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