CKA 0.00% 9.5¢ cokal limited

yes we need to to get to producer status asap as someone has...

  1. 143 Posts.
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    yes
    we need to to get to producer status asap
    as someone has said previously, cokal needs to throw some more capital $ immediately to get the infrastructure works expedited asap with higher quality fixes
    we cant keep using cheaper raw materials to makeshift major infrastructure
    capital spent now will pay us back as roe [return on our equity]
    $5-$10m more now is nothing when you look down the road at potential off take partner values at these higher hard coking coal prices

    they need to spend now and push harder

    look at the effects on whitehaven thermal coal share price today
    its gone from 95c to $3.95 today in 12 months
    on the back of higher thermal coal prices
    but they are a producer

    in the end its all about producing as a miner
    $5-$10m spent now to speed things up will repay itself 400% in my view on a shipment of coal
    surely they can see the need for speed here

    onwards and hopewards from here
    we are close





 
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