I am here and watching .. so far so good! Need more barges -- atleast 3 more and need that ISP deal -- 5 barges and ISP deal will mean one barge can do 3 trips a month or 12,000 tonnes, for a total of 60,000 tonnes a month. And assuming a 7-8 month barging window -- 400-480kt per year. Thats minimum needed to get the roads, the conveyor and other additional ancillary infrastructure completed by year end.
For the stock to re-rate somewhat from here -- need more barges, and a first view on AISC cost/t -- whether it is $130/t or $200/t or somewhere in between? Sophisticated investors will need an AISC cost/t to put a value on the coal produced.
like I said..so far so good....! things flowing
I am here and watching .. so far so good! Need more barges --...
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $113.2M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $42.51K | 394.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1844488 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 252974 | 3 |
View Market Depth
| Last trade - 16.10pm 30/04/2024 (20 minute delay) ? |
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Last
10.5¢ |
Change
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| Open | High | Low | Volume | ||
| 10.5¢ | 10.5¢ | 10.5¢ | 154251 | ||
| Last updated 15.59pm 30/04/2024 ? | |||||
| CKA (ASX) Chart |