CKA 1.02% 9.7¢ cokal limited

Each week we get greater certainty about the ability to dig and...

  1. 1,116 Posts.
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    Each week we get greater certainty about the ability to dig and deliver. For me that’s ok for now as long as we have enough cash to survive to get to those larger sales.

    Replacing the mining contractor was a big positive imo. If he gets supply going, the road upgrades get delivered and the road holds up , we will start to look solid on the supply to Batu .

    Getting the loading facilities built and operational is another big tick for me. I expect that will happen in the coming months.

    After that barges and sales will be the penultimate challenge. The intermediate stockpile downstream is a bit of a question mark imo. Not really discussed much ; that could be good or bad depending on if it’s sorted or not.

    CKA has always been high risk high reward. Just hoping we get enough progress this half year to ride on the current market coal price!
 
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