CKA 1.35% 7.3¢ cokal limited

Ann: Appendix 3B, page-313

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    The bottleneck is the low draft barging from the mine to the transfer port with shallow draft barges.

    -At this stage we don't know what the minimum dept of the river is (how shallow draft the barge has to be)

    -Is a special shallow draft tug(s) needed? (some Vietnamese low draft sand barges are self propelled)

    -What time is the return trip of the shallow draft barge likely to take? (incl load/unload)

    -What is the capacity in tons of the shallow draft barge?

    We know that a floating body displaces its weight in water.

    We know that a Cu/M of coal is 1.1 ton approx

    We know that a Cu/M of water is 1 ton

    Now this is pure speculation due to no data being available:

    If the safe water depth of the reaches of the Barrita is say 2 meters, then the height of load should be safely 1.5 meters

    So lets say that the barge is 10m W x 30 M L then it could carry about 450 ton

    3 of these chained together would give us say 1500 ton

    If the round trip is say 4 days, then this would pan out at about 11,250 t/p/m or about 130K t/p/a.

    It would require 8 of these, IMO, to deliver 1 mil/t/p/a.


    Perhaps some "Coalies" or engineers could comment?


    NB: The key to all this is the minimum depth of the river which at this stage is unknown to shareholders.



 
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