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
Ann: Coal Mining and Barging Update, page-14
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Last
9.8¢ |
Change
0.003(3.16%) |
Mkt cap ! $105.7M | |||
| Open | High | Low | Value | Volume |
| 9.6¢ | 9.8¢ | 9.5¢ | $59.56K | 619.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 52129 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.8¢ | 75257 | 1 |
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| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
9.8¢ |
Change
0.003 ( 3.16 %) |
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| Open | High | Low | Volume | ||
| 9.6¢ | 9.8¢ | 9.6¢ | 79481 | ||
| Last updated 14.09pm 07/06/2024 ? | |||||
| CKA (ASX) Chart |