CKA 3.19% 9.1¢ cokal limited

Ann: Appendix 4G and Corporate Governance Statement, page-198

  1. 1,209 Posts.
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    I think $1 is not far off, if we end up making $100USD per ton and we are able to mine 2mtpa then the math is quite simple.


    $200m usd to be split 60-40 between cka and other bbm holder, which leaves $120m usd.


    Lets say its 50-50 split, which would mean a $60m USD profit p.a. lets say $70m USD with PCI.


    Currently that is $97m AUD p.a.


    With 700m +/- shares on issue, $1 would only be a P.E of 7.

 
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