CKA 4.76% 11.0¢ cokal limited

Appreciate your thoughts on this SJ and Rendawg. To summarise,...

  1. 138 Posts.
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    Appreciate your thoughts on this SJ and Rendawg. To summarise, the volumes and timing are reasonable from a mining perspective, but the logistics of getting the coal to the point of sale is challenging, and although it's done on a large scale within the basin, you can't underestimate what it takes to setup an operation like that. Once setup and going at full tilt, it's gravy. I agree with Rendawg on the subject of credibility. For all the good the company has done and is doing, they are kicking own goals by communicating timelines they consistently fail to achieve. Given the level of industry and local experience within the management and operations teams, I am surprised by just how unrealistic their goal setting seems to be. I've never felt compelled to voice this before, but right when I'd like to invest more in the company, I find that I can't because I don't have line of site on when targets will be achieved. But if they did have a track history of consistently hitting targets on time, I'd be paying more for the stock. can't have it both ways. they will get there... eventually!
 
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Last
11.0¢
Change
0.005(4.76%)
Mkt cap ! $118.6M
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10.0¢ 11.0¢ 10.0¢ $11.37K 107.9K

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No. Vol. Price($)
3 136724 10.0¢
 

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Price($) Vol. No.
11.0¢ 538535 8
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Last trade - 16.10pm 09/05/2024 (20 minute delay) ?
Last
11.0¢
  Change
0.005 ( 4.76 %)
Open High Low Volume
10.5¢ 11.0¢ 10.5¢ 53332
Last updated 15.59pm 09/05/2024 ?
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