CKA 5.41% 7.0¢ cokal limited

Ann: Cokal Finalises Purchase of BBM Permanent Port Site on Barit, page-27

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  1. 12,270 Posts.
    lightbulb Created with Sketch. 1520
    Nah, just a coincidence. This report has been done by an imbecile.
    """We consider CKA’s resultant NPV of ~US$255m as conservative based on the assumed product pricing US$170/t for coking
    coal and US$145/t for PCI (even accounting for the variability to benchmark prices as reported by Platts). Additionally, there
    is good potential for further increases in the global resource and further increase mine life and this should lead to an
    improved project valuation, with increased mine output a likely scenario. The project payback period of one year is appealing
    and certainly the sustaining capital being funded from projected cash flow presents an attractive scenario if the project
    achieves the results from studies completed."""
 
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