CKA 10.0% 11.0¢ cokal limited

So thinking outside the box, What loans do we have? What do we...

  1. 11,529 Posts.
    lightbulb Created with Sketch. 1379
    So thinking outside the box, What loans do we have? What do we need to pay that would get in the way of paying dividends. How much unconventional loans and how much conventional loans? How much else that needs to be paid?
    Well Conventional Loans as Far as I can see: $Zero.
    Unconventional Loans:
    ICT : US$22 million to be repaid US$44 million as a 20 cents per BCM of overburden. So a levy on production
    SGE: US$2 million. No interest. To be repaid as discount US$10 per tonne for 200,000 tonnes out of contracted 600,000 tonnes.
    So neither of these gets in the way of dividends. (or infrastructure development)
    So what else do we owe?
    BBM 40% holders: I think we owe them US$10 million. So that has to be paid ahead of dividends.

    So who owes us?
    40% BBM owe us US$45 million+++ growing by the day. So this is repaid by diverting all profits to Cokal until that amount is dispensed.

    IMO DYOR
 
watchlist Created with Sketch. Add CKA (ASX) to my watchlist
(20min delay)
Last
11.0¢
Change
0.010(10.0%)
Mkt cap ! $118.6M
Open High Low Value Volume
9.9¢ 11.0¢ 9.9¢ $24.65K 235.9K

Buyers (Bids)

No. Vol. Price($)
1 210 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 424999 6
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
10.5¢
  Change
0.010 ( 5.00 %)
Open High Low Volume
9.9¢ 10.5¢ 9.9¢ 78317
Last updated 15.49pm 03/05/2024 ?
CKA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.