Despite hundreds of posts on the deferment of release of the Annual report, there has been little or no interest in it.
For me the following items stood out:
-NPV of a nominal $186 USD for BBM (That's AUD$260 mil or AUD$156 mil CKA's share or 21.6c/share)
-JORC of 16.9 mil ton of marketable coal or AUD$15.38/ton for coal in the ground.
. ( 12.8 mil ton @ $150 USD ton ( $210 AUD) & 4.1 mil ton @ $112.50 USD/ton ($158 AUD)
-Confirmation of 266.6 mil ton total resource or 97.5c/ton in the ground .
-Cokal's BBM share of 60% reconfirmed
If TBAR is anything like what some posters on these threads expect it could be like what Adam said to Eve: "Stand back because I don't know how big this thing will get"!
While speculation about who is saying what and what ins one may have is interesting, its CKA fundamentals and the ability of management that will get us over the line, IMO.
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