CKA cokal limited
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The announcement sets out expected sales in tonnes guidelines...

  1. Sweetsound
    9,614 Posts.
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    28/01/25
    12:30
    Post #: 77586065
    The announcement sets out expected sales in tonnes guidelines for a number of quarters:

    Q1 2025 15,000
    Q2 2025 75,000
    Q3 2025 75,000
    Q4 2025 75,000
    Q1 2026 135,000
    Q2 2026 150,000
    Q3 2026 175,000
    Q4 2026 300,000

    Interestingly repayment will be required at a set rate per tonne whether or not contract delivery rate is achieved - thus the onus is on CKA to ensure delivery. Ramp up has been agonizingly slow and for Q1 '25 shown rather lacklustre - hence market's equally lacklustre reaction.

    From Q1 2026 it should start to be a different story - provided they achieve rates quoted - Q4 26 should see a markedly improvement. A while yet. Could be wrong, as sp appreciation could ramp up quicker. AIMO
    CKA Price at posting: 6.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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